Monthly Archives: June 2016

Mark Twain was rumored to have become gravely ill while traveling in London in 1897. The rumor spread rapidly across America and, according to legend, one US newspaper reported that he had died.  When a reporter finally reached Twain for … Continue reading →

At long last, here we go!   Today we have both the SHI update and the debut of the SHCI! And, as always, if you need a quick refresher, take a look at the original blog: https://terryliebman.wordpress.com/2016/03/02/move-over-big-mac-index-here-comes-the-steak-house-index/ You may also want … Continue reading →

When formulating monetary policy, the “data dependent” FED needs good data. The “Labor Market Conditions Index” fits the bill.   The LMCI is a type of predictive model created by the FED to gain a deeper, broader grasp of true … Continue reading →

The FED constantly talks about the PCE, or “personal consumption expenditures,” when discussing inflation.  What – exactly – is it?   Why is it so important?  And how does the PCE differ from the CPI? WHY YOU SHOULD CARE:   Consumer spending … Continue reading →

That’s a tough one.  Hard to say, really.   On one hand, clearly, the BRexitians won the day.   The UK is now likely to leave the EU.  Which suggests their opponents, the BRemainers, lost.   They most certainly did.  But I … Continue reading →

I can think of nothing better than eating a thick, juicy porterhouse while watching the big game. Which game you ask?  Oh … the one in the UK … the BRexitians vs. the BRemainers.  Who will win?   Will the UK … Continue reading →

Sir Issac Newton is known as one of the most influential scientists of all time. In the second half of the 17th century (and into the 18th), Newton was one of a number of ‘Natural Philosophers’ who sought to explain … Continue reading →

Corelogic is a great resource for current, accurate data in the national home markets.   They strive to answer the questions we all ask, questions like: Is it more difficult to get a home loan today? How does my FICO score … Continue reading →

If it hasn’t become clear to you yet, let me tell you:   I’m a ‘graphics geek‘.  I really love a well designed, clearly articulated, data-rich economic graphic.   They say a picture is worth 1,000 words … well, to me, … Continue reading →

After a 2-week hiatus, here is the latest update from both the New York FED and the Atlanta FED:   The latest GDP ‘Nowcast‘ reports!   Read on! Follow this link to the complete original post on GDP Nowcast: https://www.newyorkfed.org/research/policy/nowcast And here’s … Continue reading →