- by New Deal democratThis morning’s two reports on industrial production and retail sales for December were a case of good news and bad news.Let’s do...
Revolving consumer credit declined again in November 2020, according to data released by the Federal Reserve last week. Though the monthly seasonally-adjusted change was small, it...
Silver Ring Value Partners letter to investors for the fourth quarter ended December 31, 2020. Q3 2020 hedge fund letters, conferences and more Dear Partners: Happy...
MPE Capital letter to investors for the year ended December 31, 2020. Q3 2020 hedge fund letters, conferences and more MPE Capital Performance For the year...
Another 1.2 million people applied for Unemployment Insurance (UI) benefits last week, including 965,000 people who applied for regular state UI and 284,000 who applied for...
- by New Deal democratOn a unadjusted basis, new jobless claims rose by 231,335 to 1,151,015. Seasonally adjusted claims also rose by 181,000 to 965,000. The...
Looking for robust diversification opportunities in equity risk factors has turned up modest and sometimes disappointing results in recent years in broad-brush terms and it’s only...
Bagholder's Row: Condo At NYC's One57 Sells For A Record 51% Discount Exemplifying just how bad things in New York have gotten - and just how...
Pandemic Proofing: New Jerseyans have each saved $410 (on average) since the start of the coronavirus pandemic, research reveals. Q3 2020 hedge fund letters, conferences and...
- by New Deal democratConsumer inflation typically rises as expansions continue, and declines once recessions start. Once a recovery begins, inflation typically steadies again. While the...
Is the US economy at risk of a double-dip recession? The threat is rising, according to the latest update of the ADS Index, a real-time tracker...
- by New Deal democratThis morning’s JOLTS report for November (remember - a month in which there were total job gains) showed a jobs market recovery...
The world is still battling a pandemic, the US government is in turmoil and there’s no shortage of other events lurking on the global stage that...
Last week, IHS Markit reported that sentiment in Mexico’s factory sector had slipped again during December 2020. The organization’s manufacturing PMI had declined for the second...
Rickards: Biden Will Face New Depression Authored by James Rickards via The Daily Reckoning, Economic growth or decline is the result of factors that are larger...
The U.S. government is sending another round of checks meant to stimulate economic activity during the coronavirus pandemic. How will Americans spend their stimulus checks? In...
Musk overtakes Bezos as the richest person in the world as billionaires continue to grow wealthier during pandemic Q3 2020 hedge fund letters, conferences and more...
- by New Deal democratFriday’s December jobs report saw the first decline in employment since the lockdowns of March and April. Let’s take a closer look.As...
Five Forces Driving the 2021 Economy Social, cultural, and behavioral patterns create economic forces evident in the buying and selling of goods and services. The pandemic...
We now have a full year of jobs data for 2020. This is an important moment to take stock of where things stand in the labor...
Lingering High Unemployment in 2021 Recession Leaves McConnell No Excuse to Obstruct Real Pandemic Relief Q3 2020 hedge fund letters, conferences and more High Unemployment In...
The pain from the recession is heavily concentrated among the long-term unemployed. The economy lost 140,000 jobs in December, all of which can be attributed to...
Was the past year good for the yellow metal? What happened in 2020 and what will 2021 be like for the gold market? Q3 2020 hedge...
Did anyone back when this whole thing started think that by the first week of the new year, 2021, jobless claims would still be significantly higher...
The demand for forecasts grows after a surprise. It’s quite an irony. Surprises make you feel like you’re not in control, which is when it feels...
Brevan Howard's Main Macro Fund Rose A Record 27.4% In 2020 In keeping with the rich getting richer narrative that has washed over the street for...
For nearly a century, American households have relied on social insurance programs to bolster financial resources when workers experience an unexpected loss of income or when...
There was an armed insurrection at the U.S. Capitol yesterday in which the police were complicit in a way that has everything to do with structural...
With the Georgia election behind us, and the Trump Administration on the way out, the near- to mid-term political landscape is growing clearer: The Biden Administration...
Vltava Fund’s letter to shareholders for the fourth quarter ended December 2020,discussing the three types of inflation being: monetary inflation, asset price inflation, and consumer price...