261. October Forecast: Vehicle Sales Down Sharply Due to Decline in EV Sales
Bill McBride discusses a significant decline in vehicle sales, primarily driven by a drop in electric vehicle sales following the expiration of federal EV credits.
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Bill McBride discusses a significant decline in vehicle sales, primarily driven by a drop in electric vehicle sales following the expiration of federal EV credits.
The post analyzes September housing market trends, highlighting sales declines, inventory increases, and potential future price changes.
An argument that private incentives through whistleblowing effectively reduce fraud and provide significant economic returns compared to government enforcement mechanisms.
The post explores students' contrasting reactions to a learning management system outage, highlighting the economic implications of education as both an investment and a signaling mechanism.
An argument that Reagan supported free trade and used tariffs sparingly, contrasting his approach with Trump's chaotic tariff policies and emphasizing respect for international agreements.
The post examines early socialist debates, focusing on figures like William Thompson and their influence on later socialist thought, particularly regarding labor and wealth distribution.
Bill McBride discusses the recent increase in single-family housing inventory and its implications for the housing market in 2025.
An argument that NPR is suing the Corporation for Public Broadcasting for allegedly breaking a contract to satisfy the White House's demands.
Menzie Chinn discusses differing opinions among economists regarding the IEEPA tariffs, highlighting both support and opposition to these economic measures.
The post discusses how increased imports under Trump's policies have contributed to lower prices for certain goods, suggesting broader tariff reductions could benefit consumers.
The author discusses the cancellation of a workshop due to a family emergency, shares personal reflections on his father's condition, and updates on ongoing research and teaching experiences.
Paul Krugman discusses the growth of renewable energy, its economic implications, and the political challenges it faces in the current landscape.
Noah Smith compares Vladimir Putin to Louis XIV, highlighting their consolidation of power, social repression, and expansionist wars, along with the consequences of their leadership.
Bill McBride discusses expectations for a 25bps rate cut by the FOMC and analyzes economic indicators affecting this decision.
An argument that pro-growth supply-side policies may influence stock prices, particularly through financial deregulation and changing interest rates affecting valuations and risk perceptions.
Menzie Chinn analyzes inflation data, particularly core CPI and PCE, highlighting the impact of tariffs and the implications of delayed CPI releases.
The post discusses a major NBA gambling scandal, highlighting insider information's impact on betting, and the intertwining of sports leagues with betting companies.
An argument that Trump threatens Canada with additional import taxes in response to an ad criticizing U.S. tariffs aired during a major sporting event.
The discussion centers on the effectiveness of civil resistance and protests in influencing public opinion, policy changes, and political outcomes in the U.S.
The post outlines the upcoming economic reports and events for the week, including the FOMC meeting and various housing and manufacturing indices.