tag:blogger.com,1999:blog-6616959642391988608.post4499787390432545056..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Jobs growth is slowing, despite the big June gain Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-6616959642391988608.post-80337520721722121032019-07-26T06:23:25.880-07:002019-07-26T06:23:25.880-07:00The previously reported quarter-over-quarter GDP g...The previously reported quarter-over-quarter GDP growth at Q4 last year of 3% has now been revised down to 2.5%:<br />https://www.reuters.com/article/us-usa-economy-growth/u-s-economy-misses-trumps-3-target-in-2018-idUSKCN1UL1KPJohn Ahttps://www.blogger.com/profile/10670015527620779417noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-72262850878836900282019-07-15T21:56:12.380-07:002019-07-15T21:56:12.380-07:00About the comments about Trump. Ok, he's a lit...About the comments about Trump. Ok, he's a little odd. Well maybe not even a little. I suspect he is a bit of a bully and some what narcissistic (but nothing like Obama's narcissism).He's certainly not an orator, nor would I categorize him as an intellect, but he's not stupid either. He's a bit of a bull in a china closet (not meant to be pun'ish). He may even fart Bobhttps://www.blogger.com/profile/06193083128416248874noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-88532348341001916972019-07-15T20:37:37.925-07:002019-07-15T20:37:37.925-07:00Worth worrying about
https://wolfstreet.com/2019/...Worth worrying about<br /><br />https://wolfstreet.com/2019/07/15/trucking-rail-lead-the-new-transportation-recession/Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68045691174390438842019-07-13T17:50:44.507-07:002019-07-13T17:50:44.507-07:00My goodness I have to agree 100% with Cliff!My goodness I have to agree 100% with Cliff!stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-86441192483690852962019-07-13T12:20:10.596-07:002019-07-13T12:20:10.596-07:00John A. said:
"Here is annual GDP growth:
htt...John A. said:<br />"Here is annual GDP growth:<br />https://fred.stlouisfed.org/series/A191RL1A225NBEA<br /><br />2017 = 2.2%<br />2018 = 2.9%<br /><br />Nothing different than what we saw under Obama."<br /><br />MY COMMENT<br />Obama averaged+1.5% over eight years = pitiful<br /><br />If you ignore the recession months in 2009, it's +2.2%<br /><br />Trump averaged +2.55% in 2017 The Cliff Claven of Financehttps://www.blogger.com/profile/13541954550199246606noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71703666340666176442019-07-13T06:50:37.551-07:002019-07-13T06:50:37.551-07:00Inflation is perking up above target?
Didn't C...Inflation is perking up above target?<br />Didn't Core Inflation just drop from 2.2% last year to 2.1% this year?<br /><br />Does the inversion at the front end of the curve indicate inflation perking up?Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51001879138477721972019-07-12T07:44:13.388-07:002019-07-12T07:44:13.388-07:00Cut as soon as inflation starts to perk up a bit a...Cut as soon as inflation starts to perk up a bit above target? Looks like we may be in for some "symmetrical" above target inflation. Total mixed bag at this point. Ataraxiahttps://www.blogger.com/profile/06890889962572151036noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75296602311958366082019-07-11T17:07:05.017-07:002019-07-11T17:07:05.017-07:00Here is annual GDP growth:
https://fred.stlouisfed...Here is annual GDP growth:<br />https://fred.stlouisfed.org/series/A191RL1A225NBEA<br /><br />2017 = 2.2%<br />2018 = 2.9%<br /><br />Nothing different than what we saw under Obama.John Ahttps://www.blogger.com/profile/10670015527620779417noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87282738005027245602019-07-09T13:16:40.259-07:002019-07-09T13:16:40.259-07:00Its easy to see how Trump won - the media and most...Its easy to see how Trump won - the media and most just don't understand - ITS A REVOLUTION - the REVOLUTION is on!! The majority have had it with POLITICANS!!<br /><br /> Predicted Trumps victory 6-7 months before Nov/16. Have a feel for the MARKETPLACE.<br /><br /> My position on Trump now - he doesn't tweet enough and not tuff enough. With MSM 95% against him, he MUST Soaring Eaglehttps://www.blogger.com/profile/03411312174933224791noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-19208097471636797572019-07-09T02:25:17.059-07:002019-07-09T02:25:17.059-07:00Graphs 2, 3 n 4 are great! Thanks!Graphs 2, 3 n 4 are great! Thanks!terexhttps://www.blogger.com/profile/13878600108197052363noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40243538237977661142019-07-08T15:02:34.347-07:002019-07-08T15:02:34.347-07:00Yeah, I can't believe the democrats are screwi...Yeah, I can't believe the democrats are screwing this up so bad. Crazy world. Trump is driving dems so crazy, that they allow the craziest left fringe to take the lead - which will help re-elect Donald. He's not my executive of choice, but gotta admit he is a master at mind games. "After Trump. the White House is going to a lot less interesting." As you say, verily.randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75317664785014356842019-07-08T05:51:22.228-07:002019-07-08T05:51:22.228-07:00Steve-
"Of course, I thought Trump had no ch...Steve-<br /><br />"Of course, I thought Trump had no chance in '16 so..."<br /><br />Verily.<br /><br />I suspect if the Donks want to re-hash and do a circular firing squad on race-relations, they will lose, especially if Trump keeps talking about jobs in the USA. Open borders is probably not a winner either (I love legal immigrants, btw). I find the identity politics of the Donks Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26408192452945554092019-07-08T05:05:25.540-07:002019-07-08T05:05:25.540-07:00I'm with you Randy. That said, DT's approv...I'm with you Randy. That said, DT's approval is at all time highs (don't shoot the messenger). Barring a recession before 11/20, he wins. The dem candidates are so uber left they are screwing themselves in a general election. Moreover, dopey Joe is already mis speaking himself out of the race MEANING the left will nominate a real loon. NO chance. <br /><br />Of course, I thought Trumpstevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29405776487762501352019-07-07T13:23:27.362-07:002019-07-07T13:23:27.362-07:00Regarding Trump "takes" - it's a mis...Regarding Trump "takes" - it's a mistake to view any of his takes you might agree with as evidence of anything other than coincidence. His reasons for acting one way or another... well you'd need clinical psychologists to answer that complicated question. Yes I am a conservative, but I can't wait for his time to pass. <br />randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42579052694310003402019-07-06T21:39:07.875-07:002019-07-06T21:39:07.875-07:00Grechster:
Trump's vulgarian persona belies h...Grechster:<br /><br />Trump's vulgarian persona belies his many correct takes on policy.<br /><br />His macroeconomic policies, and his hounding of the Fed, I think are roughly right. I would have cut taxes on wage-earners more, but corporate income taxes are a good tax cut. <br /><br />The Fed, and other central banks, have ossified around "inflation fighting." Remember, these areBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-56877518377519515322019-07-06T09:56:35.237-07:002019-07-06T09:56:35.237-07:00I've thought for a while now, and the latest j...I've thought for a while now, and the latest jobs report underscored it, that the pool of available workers is greater than the stats capture. I think this explains the dynamic of incredibly low unemployment along with rising-but-not-so-much wages; too, this is consistent with a TIPS market that STILL doesn't see any meaningful inflation.<br /><br />The latest report plausibly gives the Grechsterhttps://www.blogger.com/profile/08898953158865778397noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43534079718334410302019-07-05T21:49:54.940-07:002019-07-05T21:49:54.940-07:00Another great post by Scott Grannis.
I may take e...Another great post by Scott Grannis.<br /><br />I may take exception to the idea that business hiring has slowed as there are not enough workers. There is just the slightest inflation in wages, presently. I think if there were truly a "worker shortage" plus a healthy economy, we would see some wage inflation. It just ain't there, year after year. (In fact with 2% productivity gainsBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com