Relevant and even prescient commentary on news, politics and the economy.

February consumer inflation: the tug of war between gasoline and shelter continues

February consumer inflation: the tug of war between gasoline and shelter continues The Bonddad Blog  – by New Deal democrat Last month I described the trend in consumer inflation as an ongoing “tug of war” between energy and housing. Energy (mainly gasoline) peaked in June 2022 and made its low in June 2023, while housing, […]

Scenes from the February jobs report: yes, the Household Survey really was recessionary

Later this week we get a lot of interesting reports, including CPI tomorrow, retail sales on Thursday, and industrial production on Friday. In the meantime, let’s take a further look at some of the more noteworthy data from Friday’s employment report.