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

New Deal democrat’s Weekly Indicators for July 20 – 24

 My “Weekly Indicators” post is up at Seeking Alpha. With the renewed warmaking in the Middle East, the price of oil and gas shot up, and interest rates across the board as well. It looks increasingly likely that the Fed will have to hike rates to fight inflation soon, maybe as early as next month.