…report: proprietors’ income, a proxy for corporate profits, and private residential fixed investment (housing) as a share of GDP.  And the bottom line is, both were negative. Proprietors’ income (blue…

…in death rates also playout in education. Those with college educations (a proxy for wealth) the death rate is 90.9 per 100,000 per year. For those with a high school…

…Since corporate profits for the Quarter aren’t reported in the first release, we turn to the proxy of proprietors’ income. The proper measure deflates by unit labor costs. Those won’t…

…report ought to give them more reason to cut, because both declined slightly. First, private fixed residential investment as a share of GDP, a proxy for the housing market, declined…

…as a share of GDP, a proxy for the housing market, declined both in nominal (blue, -1.8% q/q) and real (red, -2.0% q/q) comparisons: This housing measure is back down…

…private residential fixed investment (a proxy for housing) and proprietors’ income (a proxy for corporate profits) do. And there, the news was positive, if tepidly so. Starting with housing, nominally…

…percentage of GDP. This is a proxy for housing. In nominal terms, residential fixed investment rose 1.3%. Because the GDP deflator increased 0.9% quarterly, it rose 0.4% in real terms….

…public-employee unions–like state-courts’ rights to baldly violate individuals’ non-gun-ownership, non-religious, non-real-estate-regulation-er-takings constitutional rights, and to supersede Congress’s Fourteenth and Fifteenth Amendment powers to buttress, say, individuals’ voting rights–is definitely on…

…United and the Voting Rights Act opinions are just two examples. QUESTION: What do you most still want to learn about Merrick Garland? ANSWER: Because he is a judge on…

…think tanks and so-called legal foundations, small, non-profit (thus “Foundation” as part of their title) law firms, all funded by extreme economic self-styled libertarian (the Madison Avenue-inspired ideological label they…