2341. Industrial and Manufacturing Production, Real Retail Sales – Business Cycle Indicators
Menzie Chinn analyzes industrial production and retail sales data as indicators of the business cycle, highlighting recent trends and their implications.
2342. Fed holds interest rates steady, signals rate cuts of 0.5% later this year
Scott Horsley discusses the Federal Reserve's anticipated decision to maintain interest rates and hints at potential future rate cuts.
2343. How the electoral math flipped against Democrats
Nate Silver analyzes the changing electoral dynamics that have led to Democratic losses in recent elections, emphasizing the importance of demographic shifts and voter behavior.
2344. Allow Me to Reintroduce This Newsletter
The newsletter aims to make economics accessible and relevant, connecting real-world events to core economic concepts without jargon or complexity.
2345. LA Ports: Traffic Down Sharply in May
Bill McBride discusses the significant decline in container traffic at LA ports, highlighting its implications for trade and economic trends.
2346. Tuesday's Assorted Links
The author discusses various economic stories and their implications, including Chinese exports, World Bank growth predictions, and consumer sentiment changes.
2347. The “Big Beautiful Bill” and the Wisdom of Friedman
An argument that President Trump's budget bill contradicts conservative fiscal principles by increasing federal spending and deficits, echoing Milton Friedman's warnings about government expenditures.
2348. The Deadly Cost of Ideological Medicine
An argument that public health decisions during the pandemic prioritized ideological equity over effective vaccine distribution, leading to increased mortality risks.
2349. Lies, Damned Lies and Deportations
An argument that examines the implications of deportation policies, highlighting the economic contributions of undocumented immigrants and the disconnect between political rhetoric and reality.
2350. Progressives take their best shot at Abundance (but it falls short)
Critics of a book on government regulation misinterpret its arguments, revealing tensions within progressive factions regarding state capacity and corporate influence in politics.
2351. NAHB: "Builder Sentiment at Third Lowest Reading Since 2012" in June
Bill McBride discusses the decline in builder sentiment and housing market conditions reported by the NAHB in June, highlighting economic challenges faced by builders.
2352. Industrial Production Decreased 0.2% in May
Bill McBride discusses the decline in industrial production and capacity utilization in May, highlighting manufacturing output and comparisons to previous months.
2353. Retail Sales Decreased 0.9% in May
Bill McBride discusses a 0.9% decrease in retail sales for May, highlighting revisions and year-over-year changes in the data.
2354. How Apple turbocharged China's development
Greg Rosalsky discusses how Apple's operations in China have significantly influenced the country's economic growth and technological advancement.
2355. 10 ways travel insiders deal with annoying flight delays
Amelia Edelman offers clever tips for managing flight delays, including rebooking strategies and avoiding long lines at the airport.
2356. Mixing family business with US trade policy in Vietnam
Wailin Wong discusses Eric Trump's business ventures in Vietnam amid US trade talks, highlighting concerns about government ethics.
2357. US Bond Markets: The Intimidators
The post discusses the influence of bond markets on US economic policy, contrasting strategies of past and present administrations regarding budget deficits and interest rates.
2358. AI at both ends
Joshua Gans discusses the dual role of AI in personalizing tools for individual users and its impact on the digital economy.
2359. Tuesday: Retail Sales, Industrial Production, Homebuilder Survey
Bill McBride discusses upcoming economic data releases, including retail sales, industrial production, and a homebuilder survey, and their potential market impacts.
2360. Mission Accomplished?
Scott Sumner discusses the implications of declaring victory over inflation and the potential need for the Fed to adjust its inflation target amidst economic conditions.