Relevant and even prescient commentary on news, politics and the economy.

Repeat home sales continue to show almost no shelter inflation at all

 – by New Deal democrat Besides affordability being of great importance for potential homebuyers, housing also forms about 1/3rd of the entire CPI. House prices are not a component of the CPI, but historically their trend has led the official component, “Owners’ Equivalent Rent,” by about 12 to 18 months. And for about the last […]

Assessing a SCOTUS Decision

Robert is addressing why the latest SCOTUS decision is in deliberate error when reviewing what the FTC is mandated to do by law. Can SCOTUS deliberately disregard the will of Congress and install its own hacks in independent regulatory agencies (with the odd exception of the Federal Reserve Board)? Some might call this, legislating from […]

Abbott’s conduct significantly reprehensible with regard to Similac Manufacturing Issues

Having worked in the healthcare field manufacturing products, extraordinary care has to be taken so as to avoid just as happened in the manufacture of Similac. “Missouri Appeals court upholds $495M ruling against Abbott in baby formula case,” Seeking Alpha Abbott is still on the hook for $95M in compensatory damages and $400M in punitive […]

Re-examining the long leading indicators: the effects of fiscal and commodity price shocks

– by New Deal democrat Several weeks ago, I wrote that “after 20 years, I think it’s time to examine whether the broad range of long leading indicators hold up.” This was primarily because, while when they have been positive the economy has followed suit 12 to 24 months later, several times they have been […]

Hegseth and Kennedy at the Helm While Trump Lies

This continues to be a nightmare day after day. None of the three forementioned know what they are doing in the positions they have been voted into or appointed. For sure Trump knows nothing about how to be a president and represent the nation. Then there is Pete and Robert. Would Ship of Fools be […]

Courts Block Trump Attack on Mail-in Voting

“A court blocked Trump’s attack on mail voting. But voting advocates aren’t celebrating yet,” Save the Post Office Taking from “Save The Post Office,” Presented by long time acquaintance Steve Hutkins and formerly Mark Jamison. Democracy Docket: President Donald Trump’s attempt to attack mail voting and build a national voter registration list took a major […]

Do You Need a SS Number to get ACA Healthcare Insurance?

Tweedle-di and Tweedle-Dum (Oz and Kennedy) believe you do and of course they will say illegals were applying for ACA healthcare insurance in the past. (All lies and jest, but a man is what he wants to be and disregards the rest.) Oops. slipped back to the past in my Wayback Machine mind. Trump believes […]

At Ford, AI wasn’t ready for prime time

Ford increasingly relied on AI-driven inspection systems to streamline production and address quality control issues. How’d that work out? “Ford has admitted to rehiring hundreds of human workers after its aggressive AI adoption strategy backfired. “The US automaker hired over 350 veteran engineers, referred to internally as “gray beards”, over the past three years in […]

New Deal democrat’s Weekly Indicators: Simply Stellar Consumer Spending June 21 -June 27

Unsurprisingly, the most significant high frequency indicator of the week was the 10% YoY increase in consumer spending as measured by Redbook. Despite all of the chaos and own-goals emanating out of Washington, the economy is incredibly resilient. II continue to worry that nearly the only driving force is what looks like a Bubble in […]