February manufacturing and January construction continue negative, while auto sales improve  – by New Deal democrat We started out yet another month of data with bad news in two leading sectors. The ISM manufacturing index has been showing contraction since November, and its more leading new orders subindex since September. And did so again in February, with the total index increasing slightly to 47.7, and the new orders index rebounding...

I am in Arizona these days and watching the state and local area scramble to get developments approved before the Federal Agency in charge of the Colorado River water decides who gets what. I suspect if you have an approved Build, a state will be allowed to build it. The Feds have applied the new restricts and the counties have to show they have a 100-year water supply. Interesting maneuvering in this story. Outside of Phoenix sits a farm. The...

from Lars Syll If you can’t devise an experiment that answers your question in a world where anything goes, then the odds of generating useful results with a modest budget and nonexperimental survey data seem pretty slim. The description of an ideal experiment also helps you formulate causal questions precisely. The mechanics of an ideal experiment highlight the forces you’d like to manipulate and the factors you’d like to hold constant. Research questions that cannot be answered by...

Given yesterday’s extensive National Accounts analysis replaced my usual Wednesday blog post, I am using today to discuss a range of issues and provide a musical interlude into your lives for peace. Yesterday’s bad National Accounts data release took the headlines away from another data release from the ABS yesterday – the monthly CPI data results. Inflation is falling in Australia and has probably peaked. The RBA still thinks it is going to hike rates a few more times. As more data comes...

This will eventually happen but that’s not the point… here’s the thing:  the whole USD system will go CBDC…. The WHOLE THING….  and then… these Art degree monetarist morons will STILL insist the abstractions are REAL! …. They will!  …. Lock it…The Treasury Department will lead a new working group that to explore a possible launch of a digital dollar https://t.co/fhTPuOKmnP— Bloomberg Economics (@economics) March 2, 2023

Nothing. Just don't listen to the idiots on Wall Street. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

February 7th 2023 at 18:00 in the Chamber. ........................................................................................................................... Thumbnail Photographer: Reva Croft ........................................................................................................................... Finance Minister during the debt crisis in 2015, facing off against the IMF, ECB and European Commission. In 2019, Varoufakis was re-elected to the Hellenic Parliament...

Ett företag inom svensk skola har bland annat använt skolpeng för att köpa en våffelstuga i Åre, visar SVT Nyheters granskning. I skolkoncernen Watma har 20 miljoner kronor i koncernbidrag gått från utbildningsverksamhet till moderbolaget under de senaste tre åren. Av summan har 2,8 miljoner därefter gått vidare till dotterbolaget Nordic Leisure, pengar som sedermera delfinansierade ett köp av våffelstugan … Anders Hultin som driver skolkoncernen Watma skriver i ett mejl att...

Fundamental factors, physical flows, all pointing to higher stock levels. However, you must stay positive and focus on the fundamentals.