The Fed’s Beige Book today continued to characterize US economic growth as “modest” or “moderate”, i.e. below-trend. The Atlanta Fed Business Inflation Expectations report projects year-ahead inflation of 1.9%. Industrial production rose 0.7% in March, while capacity utilization in the nation’s factories rose 0.4% to 79.2%. Housing starts rose a less-than-expected 2.8% to a 0.946 million annual rate. The MBA reports that mortgage applications rose 4.3% last week. Purchases rose 1.0% and re-fis rose 7.0%. Dale’s social media profiles: Twitter | Facebook | Google+
That seems, according to James Taranto and many others, what Democrats have decided to do since they can’t conceivably defend their horrific record for the mid-terms. ? Scare the low-information voters again, this time using the race card : This column probably isn’t the first to notice a recent intensification of liberal and Democratic rhetoric about race. Last month Paul Ryan was the object of a Two Minutes Hate for some comments on…
ICSC-Goldman reports weekly retail sales fell -0.3%, and were up 2.3% on a year-over-year basis. Redbook reports a 2.6xx% increase in retail sales over last year. The Consumer Price Index rose 0.2% in March, both at the headline and core level. On a year-over-year basis, the CPI is up 1.5% at the headline level, and…
March retail sales rose 1.1%, with sales ex-autos up 0.7% and ex-autos and -gas up 1.0%. Business inventories rose 0.4% in February, but a 0.8% rise in business sales left the stock to-sales ratio at 1.31. Dale’s social media profiles: Twitter | Facebook | Google+
A GROUP OF Asian Americans is starting a grassroots effort to raise support for Republican candidates among America’s fastest-growing ethnic group, claiming that the GOP more closely aligns with the community’s values. Top conservatives gather to slam ObamaCare in NH Push for Carson run gains steam Obama addresses low turnout of Latino voters in midterms
April 13, 2014 | Posted in Breaking News
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I attempted, from my GRENDEL to correct a spelling error on my last post. ? Heh and the fat finger progression (several) led to, not a correction but an obliteration of said last post. I ain’t hardly rethinking anything I said with regard to Holder’s contempt of Congress, except for the misspelling of Jason Statham’s name. And yes, between Silk browser and my fat fingers this IS a GRENDEL, not a Kindle. My apologies for the bad comedy. ? The absence of the document is nothing more than dumbfoolery on the high interweb.
The MBA reports that mortgage applications fell -1.6% last week. Purchases were up 3.0$% but re-fis fell 5.0%. Wholesale inventories rose 0.5% in march, while a 0.7% rise in wholesale sales kept the stock-to-sales ratio at a chubby 1.19. Yes, it has been a boring week for economic data. Dale’s social media profiles: Twitter | Facebook | Google+
The Gallup US Consumer Spending Measure was unchanged at $87 of daily spending in March. Consumer credit rose $16.5 billion in February but revolving credit fell $2.4 billion in the month. Dale’s social media profiles: Twitter | Facebook | Google+
While doing a ? review of Rupert Darwall’s book “The Age of Global Warming”, Charles Moore does an excellent job of succinctly identifying the alarmist movement’s core origins and core identity: The origins of warmism lie in a cocktail of ideas which includes anti-industrial nature worship, post-colonial guilt, a post-Enlightenment belief in scientists as a new priesthood of the truth, a hatred of population growth, a revulsion against the widespread increase in wealth and a belief in world government. It …
Hillary says partisanship taking America backwards VIDEO: Could campaigning against ObamaCare backfire on GOP?
April 5, 2014 | Posted in Breaking News
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