GDP Estimates Dive Following Trade and Income Data
GPD estimates generally tanked this week. Curiously, the Nowcast forecast rose. I can show why.
Hard hitting global and local news
GPD estimates generally tanked this week. Curiously, the Nowcast forecast rose. I can show why.
Italy’s 5-Star/League coalition seeks a 2.4% budget deficit including a guaranteed income provision. Brussels bristles.
Those looking for an explosion in either income and especially inflation did find what they were seeking in August.
After the EU rebuked Theresa May’s Chequers proposal, the chance of a hard Brexit rose sharply. The EU is now…
Tesla founder Elon Musk has been charged by the SEC with securities fraud. The SEC seeks to bar him from…
The census dept reports the trade deficit widened by 5.3% with ag exports down 9.5%. Trump was already annoyed.
Durable goods orders jumped 4.5% in August. Excluding transportation, durable goods orders increased 0.1%.
In the wake of Kavanaugh accusations, I reviewed my high school yearbook. It seems I took my best friend’s life…
I apologize for the diversion from political slime into actual economic reporting. But let’s discuss new home sales.
The political circus surrounding the Kavanaugh confirmation will weaken the /#MeToo movement and undermine justice.