MishTalk

Let’s check in on the not exactly impressive energy and inflation results of Biden’s Inflation Reduction Act (IRA).Data from the BLS, chart by MishBiden’s energy policy has been an inflationary disaster. And make no mistake, the IRA was…

Questions about foreign workers came up yesterday on Twitter. The numbers are from the BLS. US and Foreign Born Employment Data from the BLS chart by MishSince the data is not seasonally adjusted, it’s important to compare numbers to the…

A Tweet on rents, and a video discussion between Danielle DiMartino Booth and Jim Bianco, both shown below, highlights the debate over inflation, rate cuts and the Fed. Data from the BLS, chart by MishRent vs OER Chart Notes OER stands…

As the inflation, deflation, disinflation debate rages, with Fed rate cuts in the balance, let’s discuss some of the forces in play. The above image is from a Tweet that inspired this post.Leo Terrell comments ‘McFlation’: $7 Egg…

There are some things you don’t do online such as buy gasoline or eat out at restaurants. What about the rest?Advance retail sales from commerce department, calculation and chart by MishI created the chart by taking total sales and…

The third and largest round of fiscal stimulus was in March of 2021. That’s when Biden’s popularity peaked at 55.1 percent.Base image from 588 Biden Approval Ratings.Why Biden’s Approval Rating Is MiserableIncome is rising and so are…

Here are some interesting Tweets for weekend reading.Millennial and Gen Z Buying PlansPettis on Weak Demand in China 1/3“The real problem that we face is weak demand,” according to Yu Yongding.“If that’s the case,” he continues, “what…

The German constitutional court is forcing Green reality in Germany. In the US Biden hasn’t and won’t give up what has proven to be Green nonsense.Green Fiscal Truth Germany’s government is on the verge of collapse because it tried to…

Mario Draghi, former ECB head, delivers a near certain recession outlook. A current ECB governor sees stagflation. However, an agonizing death of the Eurozone is the real story.Draghi Says Euro-Zone Recession Almost Sure to…

Numerous articles and Tweets have surfaced about China dumping Treasuries. First let’s investigate the rumors. Then let’s look at conditions in which China might dump dollar assets. Not China DumpingUntil the past week there was a…