Weekly Indicators for August 7 – 11 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the moment we are in something of a holding pattern, in particular with the coincident indicators. Buoyed by the big downturn in commodity prices, and somnolence of consumer prices ex-fictitious shelter, […]
July CPI: almost everything except fictitious shelter costs are getting close to the Fed’s comfort range – by New Deal democrat Gasoline prices and fictitious shelter prices are once again moving in opposite directions, in a direct reversal of what the situation had been in the past 12 months. During late 2022 into this year, energy […]
Initial jobless claims: a little soft, but continued expansion signaled – by New Deal democrat I’ll put up an analysis of this morning’s CPI later. In the meantime, initial jobless claims rose 21,000 last week to 248,000. The more important 4 week moving average rose 2,750 to 231,000. With a one week delay, continuing claims […]
What to look for in tomorrow’s CPI and Friday’s PPI – by New Deal democrat We’re still in the post-jobs report lull in economic news today. That will end tomorrow with initial jobless claims, and also CPI and PPI tomorrow and Friday respectively. I always watch CPI, but I believe the PPI is uniquely important […]
The American Shopping Experience has changed over the years with people abandoning in person shopping to internet shopping. What has evolved with the use of the internet is major malls and stores closing their doors and increases in warehouse shopping via the internet. Some History An Austrian-born émigré and architect in 1948, Victor Gruen was […]
Downsizing was the way to go as we got older and are kid free. Doing so had nothing to do with maintaining our larger house (2600 sq. feet) sitting on over 1/2 acre. I kind of liked maintaining it. It got me outside. In the new community, we are on a city-sized lot and ~1500 […]
I saw this the other day while looking for commentary to bring to AB. You can read the rest at the NYT. An easy read. Starter topic. Maybe EVs are not so environmentally friendly the way we are manufacturing them, the materials and the amounts used, and how we mine them. Raw materials can be […]
Scenes from the July employment report – by New Deal democrat On Friday I noted that the July employment report was a perfectly good, solid one in absolute terms, but that almost all the leading components were soft and weakening, as I would expect to see near the final stages of an expansion. Let’s take a […]
From December 2022, Angry Bear has been covering parts of the railroad workers efforts to achieve better conditions for conductors’ engineers and labor in general. It appears all of the work by the union is coming to pass. Railroad unions are winning paid sick leave for workers, The Stand, July 11, 2023 WASHINGTON, D.C. (July […]
Typically, what happens with these types of regulations is delay for another 2 to five years before becoming active. This may occur. The other likelihood being the automakers going to court suing for a delay or a ruling on constitutionality. SCOTUS could again decide Congress can only make regulations and this capability was not delegated […]