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Author: therealheisenberg

US Services Sector Is Either Crashing Or Booming

July 3, 2024July 4, 2024

Yikes. The marquee gauge of US services sector activity unexpectedly dove into contraction territory for

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2 Comments on US Services Sector Is Either Crashing Or Booming

US Slowdown Takes Shape As Hiring Downshifts, Jobless Claims Rise

July 3, 2024July 4, 2024

Private employers in the US added 150,000 jobs last month, ADP said Wednesday. That was

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3 Comments on US Slowdown Takes Shape As Hiring Downshifts, Jobless Claims Rise

Damn You 7%!

July 3, 2024July 3, 2024

Bad news for America’s teeming scores of landless peasants: The cost to finance a cheap,

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2 Comments on Damn You 72!

How Worried Should We Be?

July 2, 2024July 4, 2024

Over the past few weeks, several readers have written to inquire as to my overall

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78 Comments on How Worried Should We Be?

Sintra Snoozer

July 2, 2024July 4, 2024

Jerome Powell’s in Sintra this week hanging out with his global counterparts at the ECB’s

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1 Comment on Sintra Snoozer

There Are Still 8 Million Open Jobs In America

July 2, 2024July 4, 2024

Job openings were higher on the last business day of May, key US macro data

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8 Comments on There Are Still 8 Million Open Jobs In America

Tesla On A Roll As Deliveries Top Estimates

July 2, 2024July 4, 2024

In a notable development given myriad pressing questions about the company’s growth outlook, Tesla topped

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2 Comments on Tesla On A Roll As Deliveries Top Estimates

Eurozone Services Inflation Refuses To Budge As ECB Looks On

July 2, 2024July 3, 2024

Headline inflation in Europe resumed its downward trek in June while core price growth loitered

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What To Expect From Q2 Earnings Season

July 1, 2024July 4, 2024

For whatever it’s worth, the bar to clear for corporate America when reporting season kicks

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3 Comments on What To Expect From Q2 Earnings Season

Sotomayor Pens Obituary For American Democracy

July 1, 2024July 2, 2024

To be aggrieved at a 2024 Supreme Court decision at odds with the popular will

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32 Comments on Sotomayor Pens Obituary For American Democracy

‘Period. End Of Story’

July 1, 2024July 2, 2024

It’s hard to know whether Joe Biden and his surrogates actually believe he’s up to

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19 Comments on ‘Period. End Of Story’

US Factory Activity ‘Frustratingly Weak’

July 1, 2024July 4, 2024

US factory activity contracted a third month in June, the first of this week’s top-tier

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8 Comments on US Factory Activity ‘Frustratingly Weak’

Le Pen ‘At The Gates Of Power’ As France’s Political Center ‘Wiped Out’

June 30, 2024July 4, 2024

Implicit in Emmanuel Macron’s brazen decision to dissolve parliament three weeks ago was the notion

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2 Comments on Le Pen ‘At The Gates Of Power’ As France’s Political Center ‘Wiped Out’

Jobs, Politics And Fireworks

June 30, 2024July 4, 2024

If you’re not into politics, it’ll be an arduous week. Headlines in the days ahead

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2 Comments on Jobs, Politics And Fireworks

Chinese Economy Still Struggling, Latest Data Shows

June 30, 2024July 4, 2024

The Chinese economy’s still on shaky footing. At this point — which is to say

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As US Celebrates July 4, UK Braces For ‘Electoral Asteroid’

June 30, 2024July 1, 2024

It’s another holiday week in the US. On Thursday, American men will engage in the

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8 Comments on As US Celebrates July 4, UK Braces For ‘Electoral Asteroid’

No Choice: A Bear Market In Democracy

June 29, 2024July 1, 2024

Long before Joe Biden and Donald Trump officially committed to reprising their roles for a

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37 Comments on No Choice: A Bear Market In Democracy

What If Tariffs Are Deflationary This Time?

June 28, 2024July 4, 2024

Here’s an idea: What if new tariffs are deflationary? If you’re inclined to dismiss that

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2 Comments on What If Tariffs Are Deflationary This Time?

Paging @KamalaHarris

June 28, 2024June 30, 2024

Donald Trump won the first (and, if Democrats have any sense about them, the only)

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53 Comments on Paging @KamalaHarris

Nothing Worse Than High Prices

June 28, 2024July 4, 2024

Another month, another outsized revision on America’s marquee gauge of consumer sentiment. The final read

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1 Comment on Nothing Worse Than High Prices

Two Fed Cuts Very Much In Play As Core Inflation Cools

June 28, 2024July 4, 2024

As expected, the Fed’s preferred measure of inflation in the US moderated further in May,

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US Housing Market Logs Another Regrettable Record

June 27, 2024July 4, 2024

I hate to relegate the single-worst read on a key leading indicator of US home

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1 Comment on US Housing Market Logs Another Regrettable Record

Brace For Impact

June 27, 2024July 4, 2024

A growing chorus is concerned about the read-through of a prospective GOP election sweep for

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11 Comments on Brace For Impact

With $2 Trillion Buffer Gone, Americans’ Spending Slows

June 27, 2024July 4, 2024

When is the US government’s third try at estimating aggregate economic activity worth mentioning? That’s

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6 Comments on With $2 Trillion Buffer Gone, Americans’ Spending Slows

Have US Jobless Claims Reached An Inflection Point?

June 27, 2024July 4, 2024

After innumerable head fakes, it looks as though initial jobless claims in the US have

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2 Comments on Have US Jobless Claims Reached An Inflection Point?

Micron And The Great Expectations Trade

June 27, 2024July 4, 2024

Generally speaking, you should be able to venture a good guess as to whether high

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19 Comments on Micron And The Great Expectations Trade

Are Americans Taking Democracy For Granted?

June 26, 2024July 4, 2024

I wasn’t planning to pen another “end of democracy” article this week. Really I wasn’t.

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2 Comments on Are Americans Taking Democracy For Granted?

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Monthly Letter

  • To Be Happy

Recent Comments

  • CL on Lagarde Versus Le Pen?
  • Old Cyclist on ‘Remains Elevated’
  • BustedClock on F-ck You, Claude (Zen)
  • Mr. Dog on Boom!

Monthly Letters

To Be Happy

September 4, 2026September 4, 2026

Hell Or High Fashion

July 3, 2026July 3, 2026

Escape Artists

May 11, 2026May 11, 2026

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