No Shortage of Workers

by Laura Ehrenberg-Chesler on November 5, 2018 in Economic Indicators

Turns out, there are more workers coming in to the labor force, so we are not running out of workers. Today, from Ed Yardeni: “No shortage of workers. Another widespread and erroneous notion is that we are running out of workers because the unemployment rate is so low. The labor force jumped 711,000 during October, […]

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GDP Grows at 3.5% in the Third Quarter

by Marilou Moursund on October 26, 2018 in Economic Indicators

The U.S. economy grew at a 3.5% rate in the third quarter led by consumer and government spending.  From the linked WSJ article: Gross domestic product—the value of all goods and services produced in the U.S.—grew at a seasonally and inflation-adjusted annual rate of 3.5% from July through September, the Commerce Department said Friday. That […]

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Ed Yardeni: The Economy is Running Hard, Not Hot

by Laura Ehrenberg-Chesler on October 22, 2018 in Economic Indicators

Today, from Ed Yardeni: “In recent weeks, Fed officials have been signaling that the economy may be too strong. No doubt, it has been running hard thanks, in part to President Donald Trump’s tax cuts. But it has yet to show any sign of running too hot—i.e., hot enough to kindle inflation fires—based on the […]

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The Healthy Consumer

by Laura Ehrenberg-Chesler on September 27, 2018 in Debt

Today from Ed Yardeni: “Consumers are sitting pretty these days. Initial claims for state unemployment benefits fell last week to the lowest level since 1969, and the number of people receiving benefits after an initial week of aid fell to the lowest level since 1973. Household net worth rose to a record $106.9 trillion in […]

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Theodore Roosevelt – A Great Quote from a Great President

by Laura Ehrenberg-Chesler on September 20, 2018 in Tribute

A conversation with one of my partner’s this morning reminded me of this great quote from Theodore Roosevelt. Enjoy. “It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who […]

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Good News from the Census Bureau

by Laura Ehrenberg-Chesler on September 12, 2018 in capitalism

From the WSJ today: “U.S. household incomes rose again in 2017, according to Census Bureau figures released Wednesday that suggest more Americans are benefiting from the strong economy. Median household income increased to $61,372 last year, up 1.8% when adjusted for inflation. The poverty rate inched down 0.4 percentage point. The percentage of people without […]

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More Good Economic News

by Laura Ehrenberg-Chesler on September 7, 2018 in Economic Indicators

From today’s WSJ: “Meanwhile, the number of open jobs this spring exceeded the number of unemployed Americans seeking work for the first time in records going back to 2000. The appearance of plentiful job openings is pulling people from the sidelines who may have been discouraged from looking earlier in the expansion, but businesses have […]

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Ignore the Noise

by Laura Ehrenberg-Chesler on September 6, 2018 in Earnings

If one can ignore the noise of the day, and ignore of all the distractions, the economy is clicking on all cylinders. Here are some facts and commentary from Ed Yardeni yesterday: “I’ve said it before, and I’ll say it again: “There is method in Trump’s madness.” Hamlet said it first in 1602: “Though this […]

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John McCain and the Moral War – courtesy of Geopolitical Futures

by Marilou Moursund on August 29, 2018 in Military

Geopolitical Futures published an obituary for John McCain today, and like many of their pieces, it ties together many historical and geopolitical threads.  From the linked article: There’s a saying that John McCain never saw a war he didn’t like. That is only partly true. He understood the price of war more than most. What […]

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Quote of the Day

by Laura Ehrenberg-Chesler on August 20, 2018 in Tribute

From an article in the “Washington Examiner” rebutting the recent statement by Andrew Cuomo that “America has never been that great”. “Great is an aspiration — a higher elevation to which you constantly try to take yourself and your countrymen. And that greatness resides in our people. Character is a mosaic of tiny acts, rather […]

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