Two “fundamental” indicators of the American middle/working class and the economy
This week is a bit light on data, except for housing permits and starts (Tuesday) and existing home sales (Thursday), so let me catch up with a few other indicators.…
Real average wages and real aggregate payrolls for nonsupervisory workers through January
– by a New Deal Democrat , and total payroll for non-supervisory workers. It’s the best way, based on monthly data, to see how average Americans are doing financially. While…
Elon Musk sounds a dire warning about the economy
Elon Musk is worried about the economy. The richest man in the world for several months has continued to sound the alarm, warning that the economy is at deep risk…
Stocks retreat as tensions rise in Taiwan
Text size House Speaker Nancy Pelosi is scheduled to arrive in Taiwan on Tuesday. Chip Somodevilla/Getty Images Stocks fell on Tuesday amid rising geopolitical tensions as House Speaker Nancy Pelosi…