@TBPInvictus here. About a decade ago, the city of Seattle undertook to raise its minimum wage, over time, to $15/hour. Massive credit...
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I spend a lot of time debunking investment-related bullshit. Given the general innumeracy of the public, it’s easy...
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The Fed held its benchmark Federal-Funds rate steady yesterday at 5.25% – 5.5%, leaving the possibility of cuts in...
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A quick note on the state of the economy in light of some recent data. Q1 2024 Gross Domestic Product expanded at a...
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At the Money: What Data Matters and What Doesn’t (April 24, 2024) Bill McBride has spent the past 20 years...
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Between book leave and COVID I have been pretty quiet lately. Since it’s been a few months, I thought we could take a...
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We sometimes say “Demographics is Destiny,” but that’s abstract. To get a visual sense of what that looks like,...
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A quick follow-up to last month’s note on slipping coincident indicators: December was relatively stable compared to the...
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I am popping out of book leave to just throw a few charts at you regarding the Inflation data for December. CPI came in a 0.3%...
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You may have missed the most important data point in today’s Employment report. It wasn’t that Nonfarm payrolls...
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