Weekly Indicators for August 7 – 11 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the moment we are in something of a holding pattern, in particular with the coincident indicators. Buoyed by the big downturn in commodity prices, and somnolence of consumer prices ex-fictitious shelter, the short leading indicators continue to be much more positive. As usual, clicking over and reading will...

Xu Xianchun talks about the improvement and limitations of Chinese government statistics and how to read them.There is no shortage of suspicions and questions directed toward China’s official statistics and the government organ behind it - the National Bureau of Statistics. Recently, Xu Xianchun, currently a Research Fellow at the National School of Development at Peking University and formerly a senior statistician published the book 透视中国政府统计数据：理解与应用 A Probe into China’s Official...

Wealth from the sun

Now that COVID seems to be surging again, some timely reminders are in order:• keep your vaccination status current. The vaccine won’t keep you from being infected, but it will most likely keep you out of the ED and the morgue;• the outcome of COVID infection isn’t binary: death or survival. A third outcome is long COVID. Among the consequences of long COVID are pathological changes in blood pressure and heart function.From the link: “For up to a...

Now that COVID seems to be surging again, some timely reminders are in order:• keep your vaccination status current. The vaccine won’t keep you from being infected, but it will most likely keep you out of the ED and the morgue;• the outcome of COVID infection isn’t binary: death or survival. A third outcome is long COVID. Among the consequences of long COVID are pathological changes in blood pressure and heart function.From the link: “For up to a...

 Misses the JG as a key (arguably the key) automatic stabilizer. There seems to be a lack of ability to fully grasp the nature of the contemporary economic/financial system. So the analysis remains partial; therefore, solutions are inadequate. What Dillow does importantly notice is that the system is to some degree irrational.Stumbling and MumblingBenefits for capitalistsChris Dillow | Investors Chronicle

July CPI: almost everything except fictitious shelter costs are getting close to the Fed’s comfort range  – by New Deal democrat Gasoline prices and fictitious shelter prices are once again moving in opposite directions, in a direct reversal of what the situation had been in the past 12 months. During late 2022 into this year, energy prices came down sharply, while owners’ equivalent rent was increasing. Now energy prices are beginning to...

July CPI: almost everything except fictitious shelter costs are getting close to the Fed’s comfort range  – by New Deal democrat Gasoline prices and fictitious shelter prices are once again moving in opposite directions, in a direct reversal of what the situation had been in the past 12 months. During late 2022 into this year, energy prices came down sharply, while owners’ equivalent rent was increasing. Now energy prices are beginning to...

Infidel753, Closed and open minds, Infidel753 Blog There is a certain type of person who never asks questions because he already knows all the answers.  He is usually, though not always, to be found among the ranks of the ideological far right or left, or among the devoutly religious.  He is good at preaching, but bad at listening.  He never deigns to look at any website or other source which deviates from his own belief system, for he knows he...

Infidel753, Closed and open minds, Infidel753 Blog There is a certain type of person who never asks questions because he already knows all the answers.  He is usually, though not always, to be found among the ranks of the ideological far right or left, or among the devoutly religious.  He is good at preaching, but bad at listening.  He never deigns to look at any website or other source which deviates from his own belief system, for he knows he...