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

Have new home sales made a bottom?

Have new home sales made a bottom?  – by New Deal democrat Hopefully you are recovering from your turkey coma today. Here’s a little late commentary on Wednesday’s new home sales report. New home sales are noisy, and heavily revised, which is why I prefer housing permits, and especially single family housing permits, as a […]

Where are we with Social Security and Medicare?

“Social Security and Medicare finances bolstered by growing economy,” (, Neil Irwin. Two different pieces of information going on here. The pie chart below shows were we were in 2021 for Medicare. I have not compared the pieces of information to see if they conflict. I do not have charts for Social Security, I can […]

JOLTS report: record low layoffs, near record high quits and job openings

April JOLTS report: record low layoffs, still near record high quits and job openings Late last year, I introduced the idea that the jobs market was similar to a game of musical chairs or perhaps other games as well such as 케이카지노. Employers added or took away chairs, and employees tried to best allocate themselves […]

Daily Global Oil Surplus despite OPEC Production Short Fall

RJS Summary; Global oil surplus at 710,000 barrels per day in March despite OPEC’s 821,000 barrel per day production shortfall OPEC’s Report on Global Oil for March Tuesday of the past week saw the release of OPEC’s April Oil Market Report, which includes details on OPEC & global oil data for March, and hence it gives us […]