tag:blogger.com,1999:blog-6616959642391988608.post2700025310002661821..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Savings deposit growth slows as confidence returnsScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-60250797974472640132014-02-18T23:17:33.458-08:002014-02-18T23:17:33.458-08:00as more land has gone into the production of corn ...as more land has gone into the production of corn to fulfill the Ethanol mandate? --<br /><br />Oh in ND-<br /><br />Your state is also enjoying an oil boom, as you know.<br /><br />But you are onto something with the horrid ethanol program---and all the other farm subsidies. The market is saying you are guaranteed a return on farmland, courtesy of Uncle Sam...<br /><br />Nearly 900,000 barrel ofBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35154855847548468222014-02-18T13:57:03.187-08:002014-02-18T13:57:03.187-08:00Here in the middle of the country we have seen an ...Here in the middle of the country we have seen an unrelenting increase in the value of farm land. Is this due to lack of confidence in financial assets or a loose monetary policy that promises future inflation or the crowding out effect as more land has gone into the production of corn to fulfill the Ethanol mandate? Or maybe global demand due to population growth. Your thoughts on the value ofOH in NDhttps://www.blogger.com/profile/06101076667339591869noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-77522500317636652332014-02-18T04:33:30.885-08:002014-02-18T04:33:30.885-08:00OT, but every interesting.
From BLS:
Unit labor ...OT, but every interesting.<br /><br />From BLS:<br /><br />Unit labor costs in nonfarm businesses decreased 1.6 percent in the fourth quarter of 2013, as the 3.2 percent increase in productivity was larger than a 1.5 percent increase in hourly compensation. Unit labor costs fell 1.3 percent over the last four quarters.<br />--30--<br /><br />We still have deflation in wage costs, and they make upBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-18490084418109835742014-02-15T22:00:00.667-08:002014-02-15T22:00:00.667-08:00This comment has been removed by the author.McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21207905032084382392014-02-15T20:02:54.501-08:002014-02-15T20:02:54.501-08:00Thank you, Sir.Thank you, Sir.Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54486882439205677202014-02-15T11:13:20.701-08:002014-02-15T11:13:20.701-08:00Hans: you chart shows the personal savings rate. I...Hans: you chart shows the personal savings rate. I'm referring to savings deposits at banks. Two completely different animals. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53501728039888129262014-02-15T09:15:44.026-08:002014-02-15T09:15:44.026-08:00This Freddy chart shows no 12% annualized growth r...This Freddy chart shows no 12% annualized growth rate.<br /><br />Am I reading this wong or what?<br /><br />http://research.stlouisfed.org/fred2/series/PSAVERTHanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-61591666662712451212014-02-15T03:41:03.492-08:002014-02-15T03:41:03.492-08:00Great charts and commentary by Scott Grannis, as a...Great charts and commentary by Scott Grannis, as always.<br /><br />One thing really stands out that I was unaware of: The huge, even bigger surge in bank savings deposits in the 2001 recession. I had no idea.<br /><br />People were really packing away the dough back then. <br /><br />We did not see an inflationary surge coming in the 2000s, when people spent their money they banked in the early Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com