…often use interest rates on 10-year government debt as a shorthand proxy for the cost of government borrowing, but the United States Treasury borrows at different maturities, so a range…

…month at the earliest), and private residential fixed investment, a proxy for housing. They were of particular interest this time because, while the normalized yield curve (except at the short…

…in the minds of American voters. But to the extent that foreign policy affects the ballot box, the fact that Trump’s invasion is a proxy war for the Netanyahu regime…

…flags. The part-time for economic reason count continued to fall, and short-term unemployed (the CPS proxy for layoffs) remained around the same level it’s been for the last year. Are…

…Act, plus the chaos now in Washington, it has also been useful to track manufacturing. And finally, via private construction of water supply, as a proxy for construction of AI…

…with China, short of outright conflict. In Europe, it called for more inner strength and resources and supported right-wing movements labelled as “patriotic European parties”. In the Middle East, the…

…The extrinsic ones (a & b) are worrying Schools use grades to incentivize extrinsic motivation, but grades (outputs) have always been a poor proxy for outcomes. (They are even worse…

…reasonable proxy, proprietors’ income (blue) is, and that income rose 1.8%: Only three times in the past five years did it increase more on a quarterly basis: This strongly suggests…

…supply and power, it is also a useful proxy for construction of AI data centers. On a monthly basis, in March all but manufacturing construction were positive, but since the…

…it is also a useful proxy for construction of AI data centers. In April on a nominal basis total construction spending rose 0.4%, but that was neutered by a -0.4%…