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OPEC cuts their oil output but keeps on drilling

Oil continued to trade in a narrow range last week as news that OPEC had achieved 90% compliance to their agreed to production cuts offset the news that US oil supplies saw their 2nd largest weekly jump in the EIA's records.   Share.....»»

Category: blogSource: ECONOMICPOPULISTFeb 13th, 2017Related News

Over Half a Trillion 2016 Trade Deficit

The U.S. December 2016 monthly trade deficit decreased 3.2% from last month and now stands at $44.3 billion.  For all of 2016, the trade deficit increas.....»»

Category: blogSource: ECONOMICPOPULISTFeb 12th, 2017Related News

Tariffs are the American Way

Tariffs are the American Way Share.....»»

Category: blogSource: ECONOMICPOPULISTFeb 6th, 2017Related News

Nothing Special in the Unemployment Report

January is the month when annual adjustments are added to the unemployment report.  These adjustments are just tacked onto the month of January, hence one cannot compare the past month without removing these figures.  Yet, with or with.....»»

Category: blogSource: ECONOMICPOPULISTFeb 6th, 2017Related News

“Make It So!”

Mr. Trump’s staff appear to have abandoned the use of the term “alternative fact” for the time being, if not the notion that it could refer to something meaningful and .....»»

Category: blogSource: ECONOMICPOPULISTFeb 5th, 2017Related News

What do the ‘accidentally’ leaked Soros short positions tell us?

The Hungarian businessman George Soros h.....»»

Category: blogSource: ECONOMICPOPULISTFeb 1st, 2017Related News

But What About My True Conservatism?

Once you ge.....»»

Category: blogSource: ECONOMICPOPULISTJan 31st, 2017Related News

Trump"s Third Day

On Trump’s third day Trump is one up on the Establishment.....»»

Category: blogSource: ECONOMICPOPULISTJan 29th, 2017Related News

The President’s Latest Controversy

I hesitated before using my posting title above, because anyone who reads this post one day late will think it’s about whatever new controversy Trump’s has stirred up on that particular day, not the one that was raging today. Share.....»»

Category: blogSource: ECONOMICPOPULISTJan 29th, 2017Related News

Q4 GDP A Bumbling 1.9%

The GDP i.....»»

Category: blogSource: ECONOMICPOPULISTJan 29th, 2017Related News

The Deniers

There are all kinds of facts: historical facts, judicial facts, scientific facts, among others. And now there are “alternative facts.” The difference is there are rules for de.....»»

Category: blogSource: ECONOMICPOPULISTJan 27th, 2017Related News

China Moves to Curb Bitcoin following Capital Flight

Bitcoin – the world’s largest cryptocurrency- has become embroiled in a burg.....»»

Category: blogSource: ECONOMICPOPULISTJan 25th, 2017Related News

Industrial Production Pops On Bad Weather

The Federal Reserve Industrial Production & Capacity Utilization report shows industrial production soared 0.8% in December after a November -0.7% decline.  The reason for the December increase was utilities.  Utilities jumped up .....»»

Category: blogSource: ECONOMICPOPULISTJan 24th, 2017Related News

Trump"s Cabinet of Peers

When Trump first started.....»»

Category: blogSource: ECONOMICPOPULISTJan 24th, 2017Related News

Forgotten Again

How quickly they forget! In its first executive action.....»»

Category: blogSource: ECONOMICPOPULISTJan 24th, 2017Related News

Using December CPI to compute real PCE shows a 138 basis point boost to 4th qtr GDP

With this CPI release for December, we can now attempt to estimate the economic impact of the December retail sales figures which were released last week, which saw nominal sales rise 0.6%. Share.....»»

Category: blogSource: ECONOMICPOPULISTJan 23rd, 2017Related News

December Retail Sales Soar on Autos

December 2016 retail sales increased by 0.6% and are up a whopping 4.1% from a year ago.  November's retail sales were revised to a 0.2% monthly increase.  The reason for December.....»»

Category: blogSource: ECONOMICPOPULISTJan 17th, 2017Related News

Producer Prices Up 0.3% in December, Unprocessed Goods Spike 8.3%

The seasonally adjus.....»»

Category: blogSource: ECONOMICPOPULISTJan 16th, 2017Related News

December Unemployment Report Looks Static

The December 2016 unemployment report looks almost static as changes in most of the statistics are small.  The unemployment rate ticked up by 0.1% to 4.7%.  Those employed increased by 63,000 a very small monthly number.  Those unemployed mont.....»»

Category: blogSource: ECONOMICPOPULISTJan 11th, 2017Related News

Hollywood Liberals, Would You Please Shut Up!

"Hollywood is crawling with outsiders an.....»»

Category: blogSource: ECONOMICPOPULISTJan 9th, 2017Related News