Memorial Day 2023
– by a New Deal Democrat “Memorial Day 2023: Honoring the Sacrifice and Remembering the Heroes” Remembrance Day is the most somber of national holidays, in which we remember all…
April’s real personal income and spending report adds to evidence that the cyclical peak may eventually be dated to January
– by a New Deal Democrat “Analyzing April’s Personal Income and Spending Report: Insights on the Cyclical Peak” As I’ve been saying for the past few months, the Personal Income…
Initial Claims: Revisions rear their ugly head again
– by a New Deal Democrat “Initial Claims Revisions” Revisions are a constant danger in reporting economic data. This was very evident in this week’s jobless claims report. Not only…
Financial markets in past fiscal crises; The “gold standard” of employment reports showed a big slowdown in last year’s Q4
– by a New Deal Democrat “financial markets fiscal crises gold standard employment reports slowdown Q4” I have a post up at Seeking Alpha on the behavior of stocks, bonds…
New home sales and prices: Another confirmation of a bottom in sales as prices continue to fall year-on-year
New Home Sales and Prices Confirm Sales Bottom as Year-on-Year Price Decline Persists – by a New Deal Democrat The last of the monthly updates on new housing construction, new…
Why we believe the supernatural causes natural events
Exploring the Belief in Supernatural Causes of Natural Events Supernatural, religious and mythical beliefs are a normal part of human culture. In every society since recorded human history, people have…
Labor won after the pandemic, but corporations sucked the lion’s share of those gains
– by a New Deal Democrat I neglected to add a link to my Weekly Indicators material in Seeking Alpha on Saturday, so Here it is. Also, I was trying…
Housing Update: Sales have bottomed out, prices are being processed
– by a New Deal Democrat No major economic news today. Existing home sales were released yesterday, but their economic impact is not that important, except that it may confirm…
Jobless claims: Yellow flag for attention continues
– by a New Deal Democrat In response to last week’s big jump in new jobless claims to 264,000, I wrote that this could be a departure from the start…