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An OPEC Deal Extension Isn’t As Simple As It Sounds

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the produ.....»»

Category: blogSource: ECONOMICPOPULISTMar 22nd, 2017Related News

Half million barrel per day global oil surplus persisted in February

Since oil pri.....»»

Category: blogSource: ECONOMICPOPULISTMar 21st, 2017Related News

Trump’s Agenda is as American as Apple Pie

This recent article at The American Conservative is worth commenting on. It compares Donald Trump to Teddy Roosevelt, and suggests that Roosevelt is the President to whom T.....»»

Category: blogSource: ECONOMICPOPULISTMar 20th, 2017Related News

How Deep is the Deep State?

Ms. Sarah Huckabee Sanders, first assistant pre.....»»

Category: blogSource: ECONOMICPOPULISTMar 20th, 2017Related News

CPI Tamer in February

The Consumer Price Index for February returned to Earth with a 0.1% monthly increase.  January stayed unrevised at 0.6%.  The monthly change was the smallest gain since July 2016.  The main cause was gasoline, again.....»»

Category: blogSource: ECONOMICPOPULISTMar 20th, 2017Related News

February"s Unemployment Report Has Little to Write Home About

February's unemployment report is just another no change type of thing.  The unemployment rate is 4.7%, a -0.1 percentage point change from last month.  Those unemployed declined slightly as did .....»»

Category: blogSource: ECONOMICPOPULISTMar 19th, 2017Related News

Trade Deficit, Up 9.6% in January, on Track to Clip 78 Basis Points from Q1 GDP

Our trade deficit rose by 9.6% January, as the value of both our exports and our imports increased, but our imports increased by much more. Share.....»»

Category: blogSource: ECONOMICPOPULISTMar 14th, 2017Related News

Factory Orders Increase 1.2% for January

The Manufacturers' Shipments, Inventories, and Orders report shows factory new orders increased by 1.2% for January.  That's after December new orders rose by 1.....»»

Category: blogSource: ECONOMICPOPULISTMar 14th, 2017Related News

Prevailing Truths

According to official US economic data, the US Gross Domestic Product (GDP) has expanded for 22 quarters, raising real GDP 12.1% above its high prior to the 2008-09 economic contraction. Yet, US manufact.....»»

Category: blogSource: ECONOMICPOPULISTMar 14th, 2017Related News

Bitcoin ETF Backed By Winklevoss Twins Denied By SEC

As bitcoin continues its attempt to move toward legitimacy and stability, the cryptocurrency was handed a significant defeat Friday when the Securities and Exchange Commission denied the application for a bitcoin-centric exchange traded fund. Share.....»»

Category: blogSource: ECONOMICPOPULISTMar 13th, 2017Related News

Northwest Housing Prices Are On Fire

The December 2016 S&P Case Shiller home price index shows a seasonally adjusted 5.6% price increase from a year ago for the 20 metropolitan housin.....»»

Category: blogSource: ECONOMICPOPULISTMar 8th, 2017Related News

4th Quarter GDP Growth Remains at a 1.9% Rate

The Second Estimate of our 4th Quarter GDP from the Bureau of Economic Analysis indicated that our real output of goods and services grew at a 1.9%.....»»

Category: blogSource: ECONOMICPOPULISTMar 6th, 2017Related News

Middlebury College Thought Police Shout Down Charles Murray

In what is an increasingly common scenario, PC hysterics at M.....»»

Category: blogSource: ECONOMICPOPULISTMar 3rd, 2017Related News

Russia, UAE Sign Breakthrough Military Deal

The United Arab Emirates (UAE) has signed an outline agreement to buy Russian aircraft. It also plans to implement a joint project with Russia to develop a next-generation fighter that co.....»»

Category: blogSource: ECONOMICPOPULISTMar 3rd, 2017Related News

Inflation Soars in January

The Consumer Price Index for January really blew up.  The monthly change was a whopping 0.6%, the largest monthly gain since February 2013.  The main cause w.....»»

Category: blogSource: ECONOMICPOPULISTFeb 27th, 2017Related News

Environmental Degradation Goes Global

Figuratively speaking, a ginormous asteroid is hurtling to a cataclysmic rendezvous with earth, but we are not supposed to notice. The ast.....»»

Category: blogSource: ECONOMICPOPULISTFeb 27th, 2017Related News

Conservatism Has a Globalism Problem

Donald Trump’s success in the GOP primary and general election has highlighted an em.....»»

Category: blogSource: ECONOMICPOPULISTFeb 25th, 2017Related News

Will CPAC Adapt to Trumpism?

The Conservative Political Action Conference, better known as CPAC, starts this week. For those who are unfamiliar with CPAC, it is an annual event that t.....»»

Category: blogSource: ECONOMICPOPULISTFeb 22nd, 2017Related News

Despite OPEC Cuts, Global Glut Grows A Million Barrels a Day

Last week saw the release of the OPEC Monthly Oil Market Report for February (pdf), which covers global oil data for.....»»

Category: blogSource: ECONOMICPOPULISTFeb 21st, 2017Related News

New Record Highs for US Oil Exports, for Gasoline Inventories, and for Oil Inventories

This week's oil data for the week ending February 10th from the US Energy Information Administration showed that our imports of crude oil fell back from last week's 4 year high but still remained elev.....»»

Category: blogSource: ECONOMICPOPULISTFeb 20th, 2017Related News