CURRENT AFFAIRS

a pause, or possibly reversal, in the rebalancing trend

  - by New Deal democratYesterday’s report on existing home sales indicated, at least for one month, a pause or even reversal in the previous...
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What to look for if housing construction does forecast a recession

  - by New Deal democratNo data today, but since it is mainly a housing week, let me pick up on a topic I discussed...
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The Bonddad Blog: Production turns more negative

  - by New Deal democratIndustrial and manufacturing production slid further in October, by -0.3% and -0.5% respectively. They are also down respectively -1.2% and...
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The Bonddad Blog: Jobless claims: seasonality strikes again

  - by New Deal democratAs is so often the case this time of year, seasonality likely played havoc with this week’s new jobless claims....
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OPEC and how hard it is for cartels to achieve their objectives in the news

There will be some passages from Milton Friedman and the book The Economics of Public Issues on how it is hard in general for...
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