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Update:  Note that I wrote all of the below BEFORE the JOLTS survey was released. Yes, it's rea ... discuss

That's quite some bloodbath, but there's surely more to come. I don't know what people were expectin ... discuss

Before we even get to jobs, we need to contemplate rail, which gets worse as the year wears on:Total ... discuss

I am disgusted by some of the choices I face. Like most people, I want to get through life by neithe ... discuss

And suddenly, the no-belief zone is being breached. Tesla (snicker). I don't know what to say b ... discuss

Well - - MaxedOutMama Dec 2, 2016, 10:11 am
The May wholesale report is disturbing. The journalistic take on this is good, but I can't figure ou ... discuss

My Guess Is Grexit - MaxedOutMama Dec 2, 2016, 10:11 am
And in fact, I believe that's been the basic target all along. The problem is that there was no supp ... discuss

The Greek controversy is such huge news in sunny, perturbed Deutschland that FAZ is live-blogging it ... discuss

Now - What of Italy? - MaxedOutMama Dec 2, 2016, 10:11 am
I believe we will see the Greek drama move to its appointed end this week, but what of Italy???HUH? ... discuss

Update: Deal done, Troika returns with a veto over economic legislation, the state assets fund will ... discuss

Update: Retail June US. Well the financial squawk about this one is that it was unexpectedly bad MOM ... discuss

They missed the boat - they should have inched it up in the summer. It would have been better for th ... discuss

Human Ebola Virus - MaxedOutMama Dec 2, 2016, 10:11 am
Yes, I should be writing about economic news, and perhaps some political news, which can hardly be s ... discuss

Which is interesting. I think the Fed was refusing to raise rates until some sort of budget deal was ... discuss

August 2007 was when the negative correlations kind of took hold and drew us into the GR. I suppose ... discuss

It appears to me beyond doubt that we are in recession. The question over which I have been brooding ... discuss

Alright. Enough. I've wasted enough time on this. Engineers should not try to be lawyers unless they ... discuss

But Fut - MaxedOutMama Dec 2, 2016, 10:11 am
Okay, this hasn't been very encouraging.I found your replies on the last post rather deflating, beca ... discuss

I'm trying to compile a list of negative/positives.I prefer Ward's automotive data, because I find i ... discuss

First, the technical adjustment in January makes it difficult to accurately compare numbers. BLS doe ... discuss

We are in a recession. A little adjustment dingie wouldn't hurt us, but I am becoming increasingly a ... discuss

So I am reading about "residual seasonality" affecting first quarter growth. I guess the "weather" e ... discuss

Employment Report, April - MaxedOutMama Dec 2, 2016, 10:11 am
This one's a bit of a puzzle. We have the sharp divergence of the Household Survey vs the Establishm ... discuss

I Told You So - MaxedOutMama Dec 2, 2016, 10:11 am
Eventually, the music always stops. The monthly employment report could not be worse, and will ... discuss

Non Nobis Domine - MaxedOutMama Dec 2, 2016, 10:11 am
I had decided my time would be better spent in prayer than blogging; my conscience tells me that we ... discuss

I've Got Flu, Not Ebola - MaxedOutMama Oct 26, 2014, 5:00 pm
I'm sick as a dog, though. Sickest I've ever been with flu. It's going to turn out to be a double vi ... discuss

This country is going to go hard right so fast it ain't funny.Yesterday Jesse and the Duncan family ... discuss

Okay, on the last post someone asked me about recession odds. First, I wasn't looking at a 15-20% ch ... discuss

Or, for that matter, when I read the FOMC. Fresh from this morning's GDP release, here are two ... discuss

In most respects this is a good report. Again, the two-month tally of jobs gained has a strong corre ... discuss

The Depressing Post - MaxedOutMama Jul 28, 2014, 1:00 pm
I've made several attempts at this, but they are all so depressing that I end up wandering off with ... discuss

Materials and Strengths - MaxedOutMama Jul 19, 2014, 1:00 pm
Like probably just about everyone else, I have been appalled by the latest news. It seems that most ... discuss

PS: Full-time Jobs Level - MaxedOutMama Jul 7, 2014, 10:00 am
This depresses me, and hey, it's Monday, so I just have to share. This is the LEVEL of full-time job ... discuss

First, I think that the employment report was so-so. Not great and not terrible. Not a promise of en ... discuss

The significance is that this is the day that we officially got the right to address our own problem ... discuss

What's nice about today's employment report is that the Apr-June gains reported in the Household Sur ... discuss

This is the 84th Annual Report. Page link: A new policy compass is needed to help the global eco ... discuss

Pendings - MaxedOutMama Jun 30, 2014, 10:00 am
Once when one cuts through all the shouting, the upshot is that Pending Home Sales remain significan ... discuss

Unfortunately, the result appears to be somewhat Maureen Dowd-like confusion rather than cosmic clar ... discuss

That Incredible Recovery - MaxedOutMama Jun 25, 2014, 5:00 pm
Real GDP rolling annual percent change:As you can see, we just can't get out of the recession zone i ... discuss

-2.9%, Annualized - MaxedOutMama Jun 25, 2014, 9:00 am
I was expecting something pretty bad after the last quarterly services survey, but not quite this ba ... discuss

The last strong leg holding us out of a decline is autos. It's not clear to me how long that can sta ... discuss

I refer, of course, to Q4 GDP. This is the first release and there will be revisions.There are sever ... discuss

Yes, yes, yes - MaxedOutMama Jan 24, 2014, 9:00 am
I got rather sick. I survived. I have been watching the ACA meltdown with some fascination. It' ... discuss

What else is there to say, really?I hope each of you are having wonderful holiday time with family a ... discuss

Both Santa AND Grinch - MaxedOutMama Dec 18, 2013, 3:00 pm
Well, the Fed Grinch did the awful, cruel, horrible thing by cutting bond purchases by 10 billion, m ... discuss

But They're Very Educated - MaxedOutMama Dec 14, 2013, 8:00 am
This is why a society without a certain number of nitpicking engineers is dysfunctional. Billions an ... discuss

Welcome to Brooklyn! - MaxedOutMama Dec 13, 2013, 5:00 pm
Every once in a while the journalistic Dasein of the NY Times produces a gem of comedy, generally un ... discuss

An Excellent BIS Article - MaxedOutMama Dec 9, 2013, 10:00 am
It covers international credit market developments. Points to note:1) Central banks are in control o ... discuss

In a lot of ways, you're right. This is Fed series A229RXO, Real Disposable Personal Income Per Capi ... discuss

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