Search Results for: The New Economy

How Strong Is The U.S. Economy?

Not as strong as many, including President Trump believes.   GDP growth and even the jobs data, including the unemployment rate, though fairly sunny, look deceptively strong and need a deeper look, which we have provided for you over the … Continue reading

Posted in Economics, Uncategorized | Tagged , , , , | 11 Comments

Trump Losing Fox News – Summer of Discontent Cometh

Caveat emptor.  The complacency in markets is absolutely stunning as the U.S. slowly drifts into, what could be, the biggest Constitutional Crisis in the nation’s history. Trump lost the top legal analyst at Fox News today.  This is a major … Continue reading

Posted in Politics, Uncategorized | Tagged , , , | 11 Comments

Trade Talks & The Chinese New Year: The Year Of the Pig [In A Poke]

  ‘Don’t buy a pig in a poke’ might seem odd and archaic language. It’s true that the phrase is very old, but actually it can be taken quite literally and remains good advice. The advice being given is ‘don’t … Continue reading

Posted in China, Uncategorized | Tagged | 6 Comments

Midterm Political Economy Rorschach Test

President Trump and President Obama were in a big pissing match over the weekend on who should get credit for the current healthy economy. Take our Rorschach Test by viewing the inkblots economic charts and you decide.   Then take the … Continue reading

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Political Economy Of The Jobs Report

The BLS out with the employment report this morning, Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional … Continue reading

Posted in Employment, Uncategorized | Tagged , | 3 Comments

Political Economy Of The July Employment Report

It is 94 days and 10 hours until the November 6th midterm election, which will determine the fate of the Trump presidency.  All things are now political, including, and, most notable, today’s nonfarm payrolls report. We did an in-depth analysis … Continue reading

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Greece’s economy at a turning point?

Eurozone FInance Ministers will on Thursday settle the future of Greece’s debt relief programme. After 8 years of austerity, the country is showing signs of progress. But Greeks abroad show no sign of coming home, according to a recent survey.… … Continue reading

Posted in Euro, Eurozone Sovereign Spreads, Uncategorized | Tagged | 1 Comment

The New Supply-Side Of Housing & Landlord Nation

David Stockman tweeted the following Zero Hedge chart this morning. Clearly, a shift in the supply curve for new homes to the left. OK  – and some buying at irrational prices fueled by artificially low-interest rates and excess money.  The … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , | 21 Comments

Manhattan Retail: The New Rust Belt

Bleecker Street, said Faith Hope Consolo, the chairwoman of the retail group for the real estate firm Douglas Elliman, “had a real European panache. People associated it with something special, something different.” Ms. Consolo, who has negotiated several deals on … Continue reading

Posted in Economics, Uncategorized | Tagged , | 32 Comments

The “Dusenberry Effect” In The U.S. Economy

Just saw this chart on Zero Hedge yesterday, which takes me back to the days of graduate school and an unfinished Ph.D. dissertation. One part of the “Dusenberry Effect” basically states that consumers do not give up their consumption patterns … Continue reading

Posted in Economics, Uncategorized | Tagged , , | 15 Comments