– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Surprisingly, most of the data is almost relentlessly positive. In particular, those things most tied up with AI — corporate profits, stock prices, and downstream consumer spending — are particularly strong. Also, American energy companies are making windfall profits from the closure of […]

 – by New Deal democrat My ”Weekly Indicators” post is up at Seeking Alpha. The year ended with a magnification of several trends that have been a theme all year: the US $ is down almost 10%, largely responsible for a nearly 15% rise in commodity prices, while consumer spending ended with a bang as well. “Commerce […]

– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Despite the warning signs in some of the recent monthly data that I’ve highlighted in the past several weeks, the high frequency data this past week indicated smooth sailing, at least for now. Some of that is likely due to the 4th of […]

by New Deal democrat Weekly Indicators for October 26 – 30 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Neither of the two constraints determining where the economy will go in the next few quarters are economic themselves. Rather, they are (1) the course of the pandemic, which will in turn be […]