US producer prices rose far more than expected in July, the government said Thursday. The
Category: economy
Delta Spillovers By The Outdoor Bar
With the Delta variant running rampant, you might be asking yourself whether sundry supply chain
Team ‘Transitory’ Gets Small Win. But Caveats Abound
The most anticipated US inflation data since last month’s numbers showed price pressures abated more
Family Time
Mitch McConnell warned of a “nightmare” for “American families” as Democrats moved ahead with one
Fractured Myths
Readers often ask if I really believe there’s no threshold for so-called “money printing” in
Suffering Fools: The Blank Check Rant Continued
It’s been more than six years since I engaged in ceremonial bridge burning and otherwise
(More) Help Wanted
Job openings in the world’s largest economy hit a new record high in June, closely-watched
Things Are Getting More Complicated For China
JPMorgan cut its outlook for China, becoming the latest bank to downgrade projections for the
Give Me Liberty Or…
Market participants will spend the week talking about inflation and COVID. That means this week
Little League
One image showed five young women in bright, pastel summer attire, one wearing a pink
Dissecting ‘A Wonderful Set Of Economic Data’
If there was a “downside” to the July jobs report, it was probably just that
Claims And A Quick Thought On ‘Quick Fixes’
385,000 Americans filed for unemployment benefits last week, a reprieve of sorts after two consecutive
Leisure And Hospitality Hiring Plummets. Or, Wait — ‘Softens’
US private sector employers added far fewer jobs than expected in July. Private sector employment
Maybe It’s Not ‘Transitory.’ Let’s Try ‘Tolerable’
Slower deliveries, labor constraints, input cost pressures, shortages of key materials and generalized logistical challenges
Massive American Debt! (Cheap Zingers )
I don’t generally like situations where “the jokes just write themselves.” Those types of conjunctures
Manufacturing Surveys Show ‘Strongest Sellers’ Market’ Ever
The first of this week’s top-tier US data missed estimates, perhaps helping to make the
Jobs, Jobs, Jobs (And The Rent’s Due)
“Jobs, jobs, jobs!” Or whatever. It’s NFP week in the US, but virus headlines will
Off The Boil?
It’s like that last peanut butter cookie from the batch you made 10 days ago
Choose Your Own Narrative, Jobless Claims Edition
400,000 Americans filed for unemployment benefits last week, more than expected. It was the second
‘Out Of Superlatives’: US Housing Exhausts Thesaurus
I’ll express my gratitude to Craig Lazzara, global head of index investment strategy at S&P
Consumers’ Revenge
US consumers are concerned about inflation. We know that. It’s well documented. The question going
Is The US Housing Bubble Bursting?
The foundation is cracking. That’s a housing pun. And it’s kinda good, but not great.
Confusing Times And The ‘Incomprehensibly Incompatible’
It’s a confusing time to be alive. In general, I mean. But also in the
Everyday People
I often lament how out of touch most of us are with everyday people. By
As Economy Cools, Price Pressures Show Signs Of Abating
The pace of expansion in the US services sector decelerated in July, the preliminary read
Jobless Claims Surge Most Since March
US jobless claims surged last week, as 419,000 Americans filed for unemployment benefits. That was
Quick! Find Some Oriented Strand Board
Single-family housing starts ran at a one million+ annualized rate again in June, data out
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