Weakness in ISM Services and Manufactured Goods Hits GDPNow Forecast
Tyler Mitchell The GDPNow forecast took another dip today with the key item, Real Final Sales, now at 0.9 percent.…
Great News (for Republicans) ‘No One’s Pushing Me Out,’ Says Biden
For half of America, I have a double dose of great news on statements from Biden and new…
How to Know If You Are a Political Basket Case in One Free Lesson
If you think or act like what I am about to show you, please seek help. “The only…
Job Quits Spotlight a Dramatic Weakening of the Labor Market
In another sign of economic weakness, the amount of “looking for greener pastures” job hopping is below pre-pandemic…
How Much Are State and Local Government Workers Overpaid?
Let’s discuss the latest BLS report on employer costs with a special focus on teachers. Employer costs from…
Manufacturing ISM Contracts for the 19th Time in the Last 20 Months
ISM is “soft data”. But nearly all data continues to weaken. Once again, this looks recessionary. ISM chart…
The Left is Aghast at the Correct Supreme Court Immunity Decision on Trump
In a 6-3 decision, the SC that held the President has immunity for official acts. It was not…
A String of Very Weak Economic Data Sinks the GDPNow Forecast
I am increasingly confident a recession has started or soon will. Yet despite weak data, Treasury yields rose.…
The DNC May Nominate Biden a Month Early to Stop Replacement Calls
The Democratic National Convention is August 19-22. Well who cares about that? We may find out on July…
In Chicago There’s Under a 50 Percent Chance Police Show Up If You are Shot
Good luck in Chicago getting the police to show up if you are shot, stabbed, a victim of…