May 2014 Payroll Employment
After 76 months, we finally got back to the prerecession level of payroll employment.
Click on the image to get a bigger version.
The best summary of the state of our economy is the graph (below) of employment as a fraction of population for people over 16 years old. The decrease is large, but the most troubling feature of the graph is the flat trend .
Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?
Brad DeLong favors the U.S. gdp gap.
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
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People have had a very hard time waking up in the morning for a very long time, which is why alarm clocks were among the first devices ever invented. In fact, there's a pretty good argument to be made that one of the ...
On 21 September 2015, we wrote:
From a volatility standpoint, given the amount of vertical space between the likely trajectory of stock prices for investors focusing on either of these two ...
By now, we all know the stories of how the billionaires who own professional sports teams hold the cities of their teams hostage when they want to build new stadiums at public expense, threatening to move the team to another city if they don't ...
Not long ago, John Whitehead reviewed one of our posts on the topic of junk science and ...
But YouTube's Handimania makes a
In 2009, after five years of extraordinary growth in its enrollment, the Apollo Education Group (NASDAQ: APOL), the parent company of the University of Phoenix, recognized that the days of booming enrollment in the Associate's degree programs it had launched in September 2004 were ...
In 2013, poor Americans received the equivalent of $412 billion worth of welfare benefits from the U.S. government, which it raised through a combination of taxes, fees and borrowing. The chart below details how that breaks down among the federal government's various welfare ...
In several major U.S. cities, police are beginning to use math originally developed to predict earthquakes to fight crime. Or more specifically, the kinds of crime that occur in either series or sprees that tends to be concentrated within a defined ...
For the S&P 500, the week ending 25 September 2015 went pretty much as well expected, as the index' value remained well within the range we indicated it most likely be a week ago.