WBMOSLER BACK-UP
gordongrieve.bsky.social
WBMOSLER BACK-UP
@gordongrieve.bsky.social
Early stages of a prolonged expansion, seems, from all the data?
November 17, 2024 at 10:34 PM
Just saying, the bar was already plenty low for even Harris to easily step over it, and now it's gone down even more. Seems like it's become a sour grape story:
November 17, 2024 at 10:31 PM
Looking good since the BEA revisions- even more like what you'd expect with a 6.5% gov deficit. ;)
November 17, 2024 at 10:31 PM
Another day of good news for the economy as the boom continues?
November 17, 2024 at 10:31 PM
What do you make of this?
;)
November 17, 2024 at 10:31 PM
About 2.5 million housing starts in 1972 with a population of about 207 million, just as oil pricing was shifting from the Texas Railroad Commission to Saudi Arabia...
November 17, 2024 at 10:31 PM
As previously discussed, interest driven growth can be obscenely regressive:
November 17, 2024 at 10:24 PM
Yes, there are issues with this series/more to the story, but it's nonetheless an indication that the multi-year covid employment growth reversal from the spike up has run its course and showing signs of heading back up:
November 17, 2024 at 10:12 PM
The expansion that started with the rate hikes continues unabated, seems?
Fade the 6+% gov deficit and pay the price...
;)
November 17, 2024 at 10:11 PM
Rate cut is working!
;)
November 17, 2024 at 10:11 PM
Powell downplays impact of rate cut on Trump-Harris presidential race ()
November 17, 2024 at 10:11 PM
Trump Announces New Cryptocurrency Venture and Plan to Make the U.S. the 'Crypto Capital of the Planet' ()
November 17, 2024 at 10:11 PM
They actually believe policy has been restricting output/employment and it's now time to begin removing that restriction. Whatever! It's their call!
November 17, 2024 at 10:11 PM
I'm only posting this because it's on the Atlanta Fed's website which means they may be aware of it.
Anyway, it's leveled off recently from a post covid decline:
November 17, 2024 at 10:11 PM
The Fed will be discussing how quickly $ weakness and oil strength would reverse their inflation outlook, and how the unemployment rate is a bit lower than at their July vote, as they don't want to cut rates, particularly in front of the election, and then raise them soon after:
November 17, 2024 at 10:11 PM
Covid price increases were transitory. Goods prices generally returned to pre covid levels. But service prices were/continue to be supported by deficit spending led/sustained by gov interest expense from Fed rate hikes:
November 17, 2024 at 10:02 PM
Solid across the board:
November 17, 2024 at 10:02 PM
Down the rabbit hole:

Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day ()
November 17, 2024 at 10:01 PM
Bipartisan stupidity:
November 17, 2024 at 10:01 PM
No sign of anything bad happening:
November 17, 2024 at 10:01 PM
Up a bit:
November 17, 2024 at 10:01 PM
No response from the Dems who likewise don't know their donkey from a hole in the ground:

Trump's vow of 100% tariffs on nations that snub the dollar is a lose-lose for China and U.S., economist says ()
November 17, 2024 at 10:01 PM
Private investment growth revised back up:
November 17, 2024 at 9:58 PM
From the tsy sec ;)
November 17, 2024 at 9:57 PM
From Apollo research:
November 17, 2024 at 9:57 PM