Weekly Indicators: Points Of Weakness – Just Static? There was another air pocket this week in withholding tax payments, and some weakening in mortgage applications, but the overall tone remains positive, despite the ongoing international chaos emanating from Washington. Once again there was little change this week, and all time frames remained positive. As usual, […]

– by New Deal democrat  From 2023 through midyear 2025, there was a distinct pattern of unresolved post-pandemic seasonality to jobless claims, which rose in the first half of the year, and then declined in the second half. Beginning at the end of June last year, though, there was a “change of regime in jobless claims numbers,” […]

 – by New Deal democrat The story of consumer prices in May is the same as it has been for the past several months: virtually everything except for shelter costs, and the even more lagging sector of transportation services, were somnolent. If the Fed wanted to, it could have declared victory many months ago. To […]