Saturday, May 30, 2015

Weekly Indicators for May 25 - 29 at

  - by New Deal democrat

My Weekly Indicator post is up at

The parttern that has existed since mid-February of awful industrial data and poor consumer spending, but good comparisons for everything else, is firmly intact.

Friday, May 29, 2015

International Economic Week in Review

This is over at

Texas Flooding Picture

There have been a ton of pictures and videos showing the recent flooding in Texas.  But this picture stands out as the best.  First, a bit of background.  Stevie Ray Vaughn's first album was called Texas Flood.  It also contained a slow blues called "Texas Flood."  Here is a picture of Stevie's statue in Austin either walking on water or rising about the Texas flood.  Either way, it's just perfect.

BTW: I'm fine and unscathed.

Mixed news from leading indicators in Q1 GDP

 - by New Deal democrat 

I have a new post up at

Corporate profits and gross domestic income, two leading indicators from GDP, were reported for Q1 for the first time this morning.  The news is mixed.