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Unemployment claims, employment, shipping costs, oil prices

Summary:
Down a bit since Federal benefits expired. This materially cuts gov. spending: A lot worse than expected. They thought the end of Federal benefits would send people back to work.However, a cut in Federal spending cools down aggregate demand: Transitory comes to mind: Saudis and Russians are working together to set price. What could go wrong???:(

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WARREN MOSLER writes Unemployment claims, personal income and consumption, total vehicle sales

WARREN MOSLER writes Consumer confidence, Richmond Fed, dollar index, CS house prices

WARREN MOSLER writes Services pmi, German survey, UK retail sales, oil, new home sales

WARREN MOSLER writes Housing starts, buying conditions for houses, fiscal policy forecast

Down a bit since Federal benefits expired. This materially cuts gov. spending:

Unemployment claims, employment, shipping costs, oil prices

A lot worse than expected. They thought the end of Federal benefits would send people back to work.
However, a cut in Federal spending cools down aggregate demand:

Unemployment claims, employment, shipping costs, oil prices

Unemployment claims, employment, shipping costs, oil prices
Transitory comes to mind:

Unemployment claims, employment, shipping costs, oil prices

Saudis and Russians are working together to set price. What could go wrong???
:(

Unemployment claims, employment, shipping costs, oil prices

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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