Weekly Indicators for March 24 – 28 at Seeking Alpha – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The most important news in high frequency data was that we now have 4 of 5 reports from regional Feds for March, and all four showed a decline from last month, and 3 […]
Two cheers for a great February industrial production report! With a gigantic * – by New Deal democrat Two cheers for the very good industrial production report for Feburary! Total production increased 0.7%, and manufacturing production increased 0.9% to the highest level in over two years: But the biggest news is that the headline number wasn’t […]
It would not surprise me if the Republican controlled Senate found a way to get doctors and increase in Medicare payments. But then again, one way to kill Medicare is not to fund doctor Medicare payments to avoid the cuts. Medicare and Social Security reductions? Angry Bear, Dan Crawford. “Funding bill skips measure to avert […]
Both Joel and New Deal democrat had commentaries on Angry Bear about Real GDP. Economist Claudia Sahm had an evaluation piece on the impact of the Federal Government labor reduction to the economy. No recession according to her analysis and just economic uncertainty. New Deal democrat suggests we should take the Atlanta Fed’s NowCast negative […]
– by New Deal democrat Existing home sales have been flat in the general range of 3.85 -4.10 million annualized for two years, and that continued in January, as on a monthly basis sales decreased -4.9% to 40.8 million from an upwardly revised December number of 4.29 million annualized: The slightly better numbers in the […]
People complain about the size of the Federal Government, its costs and taxes, and how the size of it infringes upon the nation’s economy. Complaining of the size of government, Grover Norquist once said, “I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The big news this week was the continued surge in commodity prices, normally a sign of tight demand (but sometimes a shortage of supply, that does not seem to be the case now); and also higher interest rates showing up in corporate […]
Maybe Krugman’s commentary should be entitled differently. Maybe “waking up to reality?” or “When the chickens come home to roost?” or “sorting out the facts from the make believe?” Krugman is on a bender looking at what is being said as factual and how much do the stated fact align with reality. China v Trump […]
It is a thought of the cost of healthcare and people skipping it due to cost. I suspect the number in this report for 2022 – 2024 are lower. Lower only because of President Biden’s healthcare adjustments to the ACA plans making it less costly for families. People were out of work and would have […]
Whatever end is in mind for this confrontational conflict in the Gaza and the West Bank, it needs to come to an end. Far too many people beyond the guilty have been put to death. Findings We (The Lancet) estimated 64 260 deaths (95% CI 55 298–78 525) due to traumatic injury during the study period, suggesting the […]