Weekly Indicators for July 25 – 29 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There have been some interesting counter-trend movements in the indicators. For example, interest rates on mortgages have declined by more than 1% since their peak one month ago. Gas prices have declined by about $0.80/gallon, or almost half of their increase that coincided with Russia’s invasion of Ukraine invasion...
Read More »Weekly Indicators for May 9 – 13 at Seeking Alpha
Weekly Indicators for May 9 – 13 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. One measure of how the Russia-Ukraine war has been “normalized” globally, is that industrial commodity prices have declined sharply – on the order of 25% – in the past two weeks, taking back their entire sharp increase at the start of hostilities. Meanwhile, the Treasury yield curve has “normalized” somewhat more in...
Read More »Weekly Indicators for April 18 – 22 at Seeking Alpha
by New Deal democrat Weekly Indicators for April 18 – 22 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While I was writing about mortgage rates during the week, the yield curve did some re-tightening, enough to make a difference in the long term forecast. As usual, clicking over and reading should help bring you up to the virtual minute as to the nowcast and forecast for the economy, and help me pay for some nice...
Read More »Weekly Indicators for November 22 – 26 at Seeking Alpha
by New Deal democrat Weekly Indicators for November 22 – 26 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Despite the roiling of the financial waters (on thin trading, with all of the A-list movers and shakers away from their desks) on Friday, the underlying indicators for the economy in all timeframes remain generally positive. As usual, clicking over and reading will bring you up to the virtual moment about...
Read More »Weekly Indicators for August 30 – September 3 at Seeking Alpha
by New Deal democrat Weekly Indicators for August 30 – September 3 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Even the indicators which should be most sensitive to rhe raging of the Delta variant show no significant deterioration. A few indicators actually improved. As usual, clicking over and reading should reward you with knowledge and reward me a little bit for my efforts....
Read More »Weekly Indicators for July 12 – 16 at Seeking Alpha
by New Deal democrat Weekly Indicators for July 12 – 16 at Seeking Alpha My “Weekly Indicators” post is up at Seeking Alpha. All timeframes continue positive, but the renewed outbreak of COVID – indeed, its uncontrolled exponential spread – is the proverbial elephant in the room, and is quite likely to Bigfoot the entire forecast and nowcast. And with the many crosscurrents, the effect on the economy is fiendishly difficult to forecast....
Read More »Weekly Indicators for April 19 – 23 at Seeking Alpha
-by New Deal democrat Weekly Indicators for April 19 – 23 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. I feel like a broken record . . . With pedal-to-the-metal fiscal and monetary stimulus, plus the opening up of pent-up demand with a large pool of vaccinated people, the economy is on fire, and is going to remain so for some time to come. The question is, as we look out into next year, how much of an impact are...
Read More »Weekly Indicators for April 12 – 16 at Seeking Alpha
– by New Deal democrat Weekly Indicators for April 12 – 16 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The big call I made last year is that conditions were setting up for a Boom this year, once the pandemic started to be overcome. Well, almost half of all Americans have received at least one dose of vaccine, and all the signs are that the Boom is well and truly upon us. So the nowcast and short term forecast is...
Read More »Weekly Indicators for March 29 – April 2 at Seeking Alpha
by New Deal democrat Weekly Indicators for March 29 – April 2 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. One fairly unique service I think I provide is not just forecasting the next few months, but into the next year as well. So in the second half of last year I was writing about how all of the indicators were lining up for strong growth in 2021 if the pandemic could be brought under control. Now I am beginning to...
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