tag:blogger.com,1999:blog-6616959642391988608.post4888678950875990495..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Manufacturing and inflation get a liftScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-6616959642391988608.post-2958343275501207622016-12-21T17:22:29.507-08:002016-12-21T17:22:29.507-08:00A diffusion index tries to show how widespread a c...A diffusion index tries to show how widespread a certain condition is. In this particular case, respondents in the manufacturing sector of the economy are asked to report whether they see purchasing activity expanding or not. A 55 on a diffusion index would thus mean that 55% of those reponding reported expansion. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-39485148418611021682016-12-21T15:00:12.767-08:002016-12-21T15:00:12.767-08:00Scott,
In your 2nd chart comparing U.S. and Euroz...Scott,<br /><br />In your 2nd chart comparing U.S. and Eurozone Manufacturing Indices, you use a "Diffusion Index."<br /><br />What is this diffusion index?<br /><br />Thank you very much.<br />Love the blog.<br />bob wrighthttps://www.blogger.com/profile/09546025277161775062noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45906955806512701422016-12-06T03:21:17.339-08:002016-12-06T03:21:17.339-08:00From John tamny:
http://www.realclearmarkets.com/...From John tamny:<br /><br />http://www.realclearmarkets.com/articles/2016/12/06/to_save_800_jobs_donald_trump_destroys_exponentially_more_102449.htmlstevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-88047480709071165192016-12-06T01:07:11.739-08:002016-12-06T01:07:11.739-08:00Scott-would be interested at some point in your cu...Scott-would be interested at some point in your current thoughts on REITS and MLPs given pending and long telegraphed rate increases on Dec 14.Medguyhttps://www.blogger.com/profile/17658510065872398051noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30919368860334865362016-12-05T21:38:53.630-08:002016-12-05T21:38:53.630-08:00I hate to sound like a Neanderthal protectionist…b...I hate to sound like a Neanderthal protectionist…but.<br /><br />Ed Yardeni, cited above, does make some points. <br /><br />In theory, free trade is best, not only in goods and services, but capital and labor (free migration). <br /><br />But, in the real world, there is no free trade, only negotiated trade, and there are huge structural impediments, and the value of nation and culture. <br /><Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71870003561386851672016-12-05T19:47:22.641-08:002016-12-05T19:47:22.641-08:00Too many economic challenges to resolve in 2017 --...Too many economic challenges to resolve in 2017 -- Trump's economic reforms will need 3-5 years to settle in -- dollar index likely to rise to record levels in coming next few years -- watch out for 75% declines in DJIA, real estate, oil, and gold -- nothing will be spared -- eliminate debts, start a garden, and prepare to fend off economic refugees from your property -- recovery will not McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15500218533026749892016-12-05T13:42:55.222-08:002016-12-05T13:42:55.222-08:00This was exactly as I expected. benefit the few an...This was exactly as I expected. benefit the few and hurt the many. STUPID.<br /><br />https://www.bloomberg.com/news/articles/2016-12-05/carrier-raises-prices-after-trump-talks-alter-plant-closure-planstevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-77479810518367938022016-12-04T19:09:37.161-08:002016-12-04T19:09:37.161-08:00What a shame, Scott Grannis has
joined the Censor...What a shame, Scott Grannis has <br />joined the Censorship League.<br /><br />Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59743797970724986442016-12-04T13:36:09.257-08:002016-12-04T13:36:09.257-08:00Ed Yardini: We Are All Populists Now
"(1) Ex...Ed Yardini: We Are All Populists Now<br /><br />"(1) Exhibit A China. In researching the causes of the productivity slowdown during the current economic expansion, I ran a chart of the Fed’s indexes for manufacturing industrial production and capacity. They both are available monthly since the late 1940s. Both have been on uptrends since the start of the data until about 2001, when both Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-22876877982415554842016-12-03T08:12:36.722-08:002016-12-03T08:12:36.722-08:00The Left isnt gonna steal anything else for a whil...The Left isnt gonna steal anything else for a while.Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-8054509434268414222016-12-03T03:14:14.097-08:002016-12-03T03:14:14.097-08:00I completely agree benjamin. Eliminate income and ...I completely agree benjamin. Eliminate income and replace with consumption tax with exemption for food/clothing. Ain't gonna happen of course but then again I NEVER thought DT had a chance-not from begining until end and while I'm on it, the left is gonna try and steal this thing and if there's even a smidgen of a chance-anarchy and civil war II in the US.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91958583140674739632016-12-02T18:49:33.158-08:002016-12-02T18:49:33.158-08:00Add on re income taxes:
Forgotten today that Reag...Add on re income taxes:<br /><br />Forgotten today that Reagan's Tax Reform Act of 1986 resulted in all income being treated equally, whether from capital gains, dividends, wages or salaries. <br /><br />One might say all income was still not treated equally even under Reagan, as Social Security taxes still applied to wages and salaries, but not to capital gains or dividends. But then the Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-22630470557032950922016-12-02T16:33:53.489-08:002016-12-02T16:33:53.489-08:00Carrier: maybe good maybe not---but isn't nice...Carrier: maybe good maybe not---but isn't nice to have a US president talking about business! Visiting a factory and talking about jobs?<br /><br />Is drone-bombing taxi-drivers in Eatcrapistan really more important than bolstering US enterprises?<br /><br />Recent US presidents evidently thought so....<br /><br /><br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26090432813099415032016-12-02T09:52:13.312-08:002016-12-02T09:52:13.312-08:00We don't have "free trade" so this T...We don't have "free trade" so this Trump stuff is just a different form manipulation. But this time it favors the America worker's paycheck for a change. Remains to be seen if it harms the American worker's spending.<br /><br />I don't think it will be harmful. I don't think it costs that much more to run robots in the US than it does in Mexico, and am not Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4752891374182267352016-12-02T08:43:40.677-08:002016-12-02T08:43:40.677-08:00I'm torn on this issue. I hate to see Trump st...I'm torn on this issue. I hate to see Trump strong-arming companies and threatening to punish them if they take jobs overseas. But I like the fact that Trump realizes that companies respond to incentives, and that regulatory burdens and a high corporate tax rate are big problems that must be fixed. We'll have to see how he evolves on this. If he goes long on strong-arming and short on Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91189597612527999182016-12-02T04:27:04.924-08:002016-12-02T04:27:04.924-08:00I hardly EVER agree with Bernie Sanders but he bri...I hardly EVER agree with Bernie Sanders but he brings up a damn good point here:<br /><br />http://www.huffingtonpost.com/entry/bernie-sanders-donald-trump-has-endangered-american-jobs_us_58402e52e4b09e21702cdedcstevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21340856066936182612016-12-02T04:19:04.391-08:002016-12-02T04:19:04.391-08:00It will be interesting indeed to watch the economi...It will be interesting indeed to watch the economic progress under a DT presidency. I for one do not believe that hampering free trade and strong arming US companies to stay home is "progress" and make no mistake that is exacting what the DT admin will do.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-56379441087414924272016-12-01T18:25:01.094-08:002016-12-01T18:25:01.094-08:00China is by far the biggest consumer of industrial...China is by far the biggest consumer of industrial commodities, and much of the metals-price action rests to the improving China industrial outlook. Their PMIs are above 50 now. <br /><br />China real GDP has more than doubled in the last 10 years, despite sluggish global growth, and it was and is an exporting nation. China is slightly less than one-fifth of global GDP, and much larger than when Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com