Tag Archives: 2024

[unable to retrieve full-text content] – by New Deal democrat The JOLTS survey parses the jobs market on a monthly basis more thoroughly than the headline employment numbers in the jobs report. For several years, my mantra for a lot of statistics has been “deceleration.” Well, in the case of the employment market, we have passed the point where deceleration […] The post JOLTS report for September shows continued deceleration in almost all metrics, now close to a...

[unable to retrieve full-text content]– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Ever since – and in response to – the really good jobs report early this month, interest rate yields on bonds have crept back up, giving back most of their summer gains. That puts some pressure on the long leading indicators. Also […] The post New Deal democrats Weekly Indicators for October 21 – 25 appeared first on Angry Bear.

[unable to retrieve full-text content]– by New Deal democrat Yesterday we got the existing home sales portion of the rebalancing of the housing market, showing sales down further, and price growth attenuation. This morning, we got the new home slice, which was a virtual mirror image. As per usual, while new home sales are only about 10% of the […] The post Rebalancing of the housing market, new home sales edition: sales increase, prices firm appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat In the past number of months, I have been looking for a rebalancing of new vs. existing home sales. The sharp increase in mortgage rates beginning in 2022 locked many existing homeowners into their houses, since they could not afford the concomitant increase in mortgage payments that would accrue from […] The post Rebalancing of housing market continues: existing home sales down, inventory up, price growth...

Catch some good articles in The Atlantic. Usually take this on a long flight to read. He is all set for Halloween. The Atlantic came out for Kamala Harris. Guess they do not think much of the orange one. Scare the kids on Halloween and keep the candy. This is just a partial. If you like it, I can post the rest. It is a good read. The Atlantic, for the fifth time in its 167-year history, is endorsing a candidate for president: Kamala Harris....

by Claudia Sahm Stay at Home Macro Companies aren’t so worried that they’re letting a lot of people go, but they’re also not so confident that they’re hiring a lot of people. This post, an excerpt from my (Sahm) new Bloomberg Opinion piece, is very important to me. I worry most about the drop in the hiring rate now—not so much about it being recessionary but about the lost potential. Also, there’s some personal news at the end. The...

I very much agree with these findings. With Trump, the nation and labor would have floundered. WE are lucky he had the wherewithal to act quickly with the right stimulus to support job growth. Two months after Dean’s post the nation is still going strong. Christmas maybe good for many. U.S. Workers are Far Better Off Than Four Years Ago – Center for Economic and Policy This is not a tough one. First and foremost, workers are better off...

– by New Deal democrat Initial jobless claims will be up against some very challenging comparisons for the next 6 months or so, due to some unresolved post-COVID seasonality. Which means that the headline numbers this week, which look very benign at the surface, are not quite so good as they have been for the past year. For the week, initial claims rose 6,000 to 225,000. The four week moving average declined -750 to 224,250. Continuing claims,...

Somewhere, there is a correlation between the two . . . The Atlantic and the Gulf of Mexico dockworker strikes are over. The strike by tens of thousands of dockworkers on the East and Gulf coasts has been called off, after the International Longshoremen’s Association and the U.S. Maritime Alliance, representing ocean carriers and port operators, reached a tentative agreement on wages. The two sides also agreed to extend the existing contract...

In addition to what you will hopefully read below. Repubs and Dems went to court and presented their reasoning for and against new laws allowing for a “reasonable inquiry” to be conducted before election certification and gives election workers the ability to “to examine all election related documentation created during the conduct of elections.”  You can surmise who was for and against this.. New Georgia Law Spurs Bogus Challenges to Voter...