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Aug 14, 2014
I am now also emailing my posts directly to my PMC donors at the same time they are emailed for posting on this website. If you wish to be on the list, please make a donation here.
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Home sales, PMI, Fed surveys, Claims, Hotels, Household incomes, GDP
Economic Releases
May 21, 2020
Now that more data is out, looks like GDP will be down by over 1/3 for the quarter, as the negative labor supply shock continues. While fiscal policy works to support incomes and spending (GDP) obviously spending is still falling short, and with it private sector income (GDP=sales=income). This story doesn’t change
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Rig count, Mtg purchase index
Economic Releases
May 17, 2020
Oil related capital expenditure has collapsed, and likely won’t come back until investors have confidence prices will stay high enough long enough: Mortgage applications for home purchases have bounced back a bit but remain depressed, even with ultra low mortgage rates:
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ADP, Earnings, Vaccine odds
Economic Releases
May 06, 2020
Down 50% and only about one month was due to the virus:
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Unemployment Claims
Economic Releases
Apr 28, 2020
Unemployment claims had been historically low for quite a while because they had been made harder to get: The EPI survey estimated between 8.9 million and 13.9 million more Americans would have filed for claims over the past five weeks had the process been easier. “These findings on the millions of frustrated
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Philly Fed
Economic Releases
Apr 23, 2020
More of same, won’t bore you with the rest:
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Rails, oil
Economic Releases
Apr 13, 2020
The stats continue to be all like this, or worse, so I won’t bore you with them: Like most other indicators, oil investment had been decelerating well before the virus hit:
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Various charts
Economic Releases
Apr 08, 2020
I haven’t been posting because all the charts look pretty much like this: h
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Weekly jobless claims, Virus charts
Economic Releases
Mar 26, 2020
Big spike up: New daily global confirmed cases growing: US cases growing rapidly and soon to surpass Italy and China to take the lead globally:
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Rig count, US Services, UK services, Euro zone services
Economic Releases
Mar 24, 2020
Oil capex collapsing: Service sectors collapsing:
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Philly Fed, Claims, Hotels, Restaurants, Lending, Germany
Economic Releases
Mar 19, 2020
All going to heck, no explanations necessary:
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