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    Commentary, Economics /

    Comments to My New Conservative Friends

    February 5, 2013

    I have been speaking to a few of my more conservative friends lately and have bumped up against a number of recurring themes I think are worthy of comments. Here is a sampling: The national economy cannot and should not be run as if it were a household. Balancing a family budget or small business […]

    Economics / consumer confidence, CoreLogic, home prices /

    House Prices Bump Up

    February 5, 2013

    If you believe that one of the depressing factors in recent years has been the deflation of home prices and along with it the erosion of consumer confidence and thus spending, this morning’s news from CoreLogic will be welcome. Home prices jumped 8.3% last year, the fastest rate since 2006. Of this gain only 0.4% […]

    Weekly Summary / austerity, Case-Shiller Index, Conference Board, consumer confidence, durable goods, housing starts, incomes, inventories, ISM Index, jobless claims, unemployment /

    A Mixed Week Ends Well

    February 1, 2013

    There was a flurry of economic news this week, most of which was encouraging. The economy is in decent shape. Not great, just decent. We began, on Monday, with a strong showing from durable goods, which grew 4.6% in December. The problem with this is that the growth was skewed by aircraft orders which are […]

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