We died at Cold Harbor June 1864, an officer of the Iron Brigade. UW had his letters and I was allowed to read them. They were given to me, neatly tied up with a thin ribbon. I was allowed to make copies. It was interesting to read the letters of an ancestor who fought in […]
Initial claims: nobody is getting laid off, but slight weakness in continuing claims compared with 2022 – by New Deal democrat Initial claims remained below 200,000 at 195,000, while the 4 week average increased very slightly to 189,500. Continuing claims increased to 1,696,000, the third highest number in over a year: Holiday seasonality has ended. […]
Weekly Indicators for February 6 – 10 at Seeking Alpha I neglected to post the link to this yesterday, so let me do it today. My Weekly Indicators post is up at Seeking Alpha. We continue to see a slow drip, drip, drip of ever so slightly more negative coincident data, without it crossing over into […]
Weekly Indicators for January 23 – 27 at Seeking Alpha – by New Deal democrat “Slowly I turn. Step by step . . .” That old Vaudeville bit comes to mind in watching the coincident indicators creep towards a recessionary downturn on a weekly basis. Also, some of the long leading indicators are also creeping […]
Three most quickly reported measures of coincident indicators – all of which are close to turning negative – by New Deal democrat While we await tomorrow morning’s deluge of Almost Every Economic Series Imaginable, I have posted over at Seeking Alpha a detailed look at one measure of consumer spending and two of employment which will give […]
Weekly Indicators for January 16 – 20 at Seeking Alpha – by New Deal democrat I forgot to post this yesterday, so here you go today . . . My “Weekly Indicators” post is up at Seeking Alpha. Every now and then you get a contratrend week, when a bunch of metrics move in the opposite direction […]
Some history and knowledge about the House by Weldon @ Bad Crow Review. Known Weldon for a while now. He writes some good words. And this topic fits right in his wheelhouse of knowledge. Enjoy . . . “How Long Before This Wears Off, Doc?” Weldon Berger, Bad Crow Review, “Could be a year, could […]
The Fed appears determined to cause a Volcker-like recession – by New Deal democrat Yesterday the Fed raised rates another 0.75%. In the past 8 months, the Fed has raised rates a total of 3.75%. This is one of the steepest increases in interest rates ever, only exceeded by the pace of the two 1970s […]