The murders of Renee Good and Alex Pretti have put Trump and his congressional enablers on the back foot.  Senate Democrats may refuse to fund the Department of Homeland Security, and it is not even clear that the other appropriations bills will pass.  Prediction markets now put the odds of a shutdown this week at […]

 – by New Deal democrat First, usually the week following the employment report is very quiet, and I put up “scenes from the report” with some important graphs. With all the releases catching up on old data this week, I haven’t done that; but because jobless claims are the only significant data this morning, I intend […]

 – by New Deal democrat I will write about the biggest economic release of the day, the ISM services report for December, later. In the meantime, here are two other important data releases for December, one from a private source (ADP), and the other from the BEA’s GDP updates. As an initial matter, I don’t […]

– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. As 2025 ended, all of the important trends seemed to intensify. The US$ is down 10% YoY by one measure, commodities are higher by the same or more, oil prices continued to fade, and the recent waning in the YoY growth of withholding […]