Chaganomics

Gasoline Prices Soar

Chaganomics

John Kemp from Reuters released a quality report today on the gasoline rise in America and national travel. In the US we have seen a shift to larger SUV style cars due to cheaper gas - in part. When gas surges customers trade in cars and buying habits transition to more fuel efficient cars.

United Kingdom Economic Outlook July 2018

Chaganomics

Outlook Remains Stable The economy appears to have regained some momentum in the second quarter following a weak first quarter, but growth is still mediocre at best.

US Economic Update June-July 2018

Chaganomics

Economic growth appears on track to record a stellar performance in Q2, fueled by strong business investment, tax cuts and an ever-tightening labor market boosting consumer spending.

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Princeton economists find that unions had historical role in helping address income inequality

Chaganomics

Decent read here on how the lack of union membership has allowed for greater wage inequality. My argument is that we are more dealing with a third and fourth industrial revolution, coupled with subsequent labor issues, on a system which greatly rewarded the entrepreneur and capitalistic class.

Census Housing Report

Chaganomics

New Home Sales Sales of new single-family houses in May 2018 were at a seasonally adjusted annual rate of 689,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.7 percent (±14.1

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CPI Changes In May

Chaganomics

From The BLS: Over the last 12 months, food prices increased 1.2 percent, with prices for food away from home rising 2.7 percent, and prices for food at home rising 0.1 percent. Prices for meats, poultry, fish, and eggs increased 2.3

Note From Chad: Bitcoin Grades

Chaganomics

The info below is really helpful if you think about assets and pricing (which is something I think about a lot). Bitcoin inevitably could be graded based on transaction history.

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Atlanta Fed CEO On Economic Resilience

Chaganomics

In Detail: Deceleration In Europe?

Chaganomics

Europe's major economies are slowing down. In Germany the economy is loosing steam and this is apparent in Q1 numbers. Indicators are showing that according to data and reporting from Focus Economics, key G7 indicators are pointing to a slowdown.

What Do Firms Think About The New Tax Law?

Chaganomics

A core economic indicator I have seen they and they since November 2016 has been confidence. To a degree this optimism has increased each month. See —> AtlantaFed Post Atlanta Macroblog Post. Business Law Economics tax

Global Outlook: China December 2017

Chaganomics

Mainland China Outlook: The economy continues to defy signs of an abrupt slowdown on the back of resilient household consumption. GDP expanded 6.8% annually in Q3, just a notch below H1’s 6.9% increase and comfortably in line to achieve this year’s 6.5% growth target.

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Russian Economic Outlook April 2018

Chaganomics

From Focus Economics: Comprehensive GDP data revealed that the recovery lost steam in the fourth quarter of last year, with growth weighed on by inventories as well as slowing fixed investment.

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Eurozone - Regional Outlook Improves

Chaganomics

A string of weaker economic data suggests that the Eurozone economy decelerated at the start of 2018, following a robust spell of growth last year.

Russian Economics: An Overview

Chaganomics

Pertinent to cover Russia since Putin has won. OVERVIEW | Incoming data suggests that Russia’s economic recovery was broadly steady in recent months, although growth likely remained lackluster.

American Economic Sentiment Riding High

Chaganomics

Many believe the trade war talk to be just that, talk. There is little if any damage being done. While I agree that it is more likely a trade war will not happen, I falter at the anti-free market lunacy of the current POTUS. Can you not handle trade negotions with negotiations?

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Global Economic Outlook G7

Chaganomics

REAL SECTOR | Trade war threatens to derail stellar global growth momentum A complete GDP dataset revealed that global growth lost some steam in the fourth quarter of 2017, despite remaining robust overall. The global economy expanded 3.4% annually in Q4, which was a notch below both the 3.5%

Estonia Economic February 2018

Chaganomics

Domestic economic activity appears to have lost some steam in the fourth quarter from the previous one, but remained buoyant nonetheless.

Atlanta Housing Overview March 2018

Chaganomics

Atlanta has a diverse housing realm. From dense and affluent to barren wastelands and crime ridden areas, Atlanta is a big city and has the parts to prove it. Population and industry drive a city. As you can see from the table below, Atlanta has a massive population.

At A Glance: U.S. Mortgage Industry Analysis

Chaganomics

Above shows the change in mortgage underwriting - from banks to non-banks. Great read below, it includes the statement: Before the financial crisis, mortgages were the last thing a consumer would default on, Noring says.

Soccer Analytics: Italy Serie A and England Premier League

Chaganomics

Soccer Analytics: England Premier League Timing W/ 13 Games Played @chaganomics Soccer Analytics: Italy Serie A 14 Games Played @chaganomics. Premier League Serie A Soccer Soccer Stats Sporting Metrics Stats

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Veblen Theory Conspicuous Consumption

Chaganomics

The Veblen effect (where goods are desired for being over-priced) and when consumers prefer to buy more expensive items because they think that goods with a higher price tag are more exclusive and thus indicate status.

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U.S. Labor & Employment Situation Notes

Chaganomics

At a glance and with a bevy of charts, we take a look at current business cycles, labor and the employment situation in America. Employment continued to trend up in construction, food services and drinking places, health care and manufacturing. The strength of the U.S.

February inflation rises to 1.4%, back towards the lower end of BOK target, above consensus

Chaganomics

A Quick Look At South Korea: February headline inflation rose to 1.4% year-on-year from 1.0% in the previous month, above expectations. While inflation moved back towards the lower end of the BOK target range of 1.5%-2.5%, 2.5%, it was still below the December 2017 figure.

An Essay On Bitcoin Pricing

Chaganomics

The concept of bitcoin is really fantastic. Groups of people join together sharing power and computer power and by virtue of the blockchain and its characteristics, you create more coins.

US - New Homes Sales

Chaganomics

New Home Sales Sales of new single-family houses in January 2018 were at a seasonally adjusted annual rate of 593,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.8 percent (±19.0

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Voluntary Quits 2017

Chaganomics

Quits, layoffs and discharges, other separations, and total separations, January 2007–November 2017 From the BLS: The number of total separations, which is the sum of quits, layoffs and discharges, and other separations, was 5.2 million in November.

Japan: The Economy June 2018

Chaganomics

From Mizuho: In the Japan-US summit meeting on April 17-18, issues on North Korea and trade were the main topics. Concerning the trade issue, the two leaders agreed to undertake new trade talks. US President Trump addressed the issue of America’s “massive trade deficit with Japan” and showed his determination to slash the deficit, but he did not come up with any specific demands to Japan. He also made no reference to the currency issue, another area of concern.

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Has Bitcoin Burst?

Chaganomics

This chart says it all. Like all fiat currencies, cryptocurrencies really don’t have intrinsic value. But that doesn’t mean that people won’t treat them as if they do, and sometimes for sustained periods of time.

Egypt Outlook Improves

Chaganomics

The economy continues to gather strength heading into the new calendar year, although it remains fragile, as evidenced by December’s PMI which sank back into pessimistic territory.

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Opioid Overdose Death Rates and All Drug Overdose Death Rates per 100,000 Population

Chaganomics

Opioid Overdose Death Rates and All Drug Overdose Death Rates per 100,000 Population. Drug Overdoses Drugs Opioid Abuse

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Crude Oil Outlook

Chaganomics

Brent: The upward trend in Brent Crude Oil prices that started in mid-2017 remained intact at the outset of 2018, driven by strong fundamentals. Oil prices hit an over three-year high on 11 January. On 12 January, prices traded at USD 70.3 per barrel, which was up 8.3% from the same day in December.

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2018 Grammy Awards Sh*tshow

Chaganomics

I am not conservative, but watching the Grammys last night made me feel wildly conservative. The production seemed unplanned, bloated and over budget for the sake of being over budget. Hillary Clinton's cameo.that was the best part of the 3.5 hour sh*tshow.

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Has Bitcoin Found Footing?

Chaganomics

Article Reposted From Nov. 2nd, 2017- Bitcoin has finally found its proper listing place: The futures market. Most investors and consumers will never touch a futures contract or a derivative. A derivative is a financial instrument and the most common form of a derivative is a futures contract.

Stats In Music

Chaganomics

Sony / ATV represent 22% of music market share. In act the bill themselves as: Sony/ATV is the world's No. 1 music publishing company and prides itself on housing the greatest collection of songs in the world.

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College Football Head Coach Salaries

Chaganomics

From this chart (using 2012-2016 stats) we are able to see just what is being paid to who. All the conference are represented here, but Alabama (SEC) leads the chart with Nick Saban's illustrious, GOAT salary level. The trend-line is in light blue, so the pattern seems to be averaging out to $5M.

Full Steam Ahead - Wall Street Hits Record Highs

Chaganomics

"Wall Street closed at record highs amid sustained optimism about the likelihood of lower corporate tax rates as the Republican tax bill moved closer to passage" The Dow Jones Industrial Average.DJI rose 140.46 points, or 0.57 percent, to 24,792.2, the S&P 500.SPX gained 14.35 points, or 0.54

CPI - Consumer Price Index - 12 Month

Chaganomics

CPI - Consumer Price Index - 12 Month Energy prices are up 16.4% which is driving the price increase in energy. From the BLS: CONSUMER PRICE INDEX – NOVEMBER 2017 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in November on a seasonally adjusted basis, the U.S.

Kuwait - Outlook Stable

Chaganomics

Kuwait holds a 19% weight on MSCI indexes. MSCI Kuwaits Idnex Constituents consiots of: NATIONAL BANK OF KUWAIT 6.92 Financials KUWAIT FINANCE HOUSE 5.19 Financials MOBILE TELECOM CO 3.48 Telecom Srvcs AGILITY 1.92 Industrials MABANEE CO SAKC 1.14 Real Estate BOUBYAN BANK 0.94

Ethanol Outlook September 2017

Chaganomics

Ethanol prices remained relatively unchanged over the past month, as increasing production in the U.S. and Brazil kept a tab on demand-induced upward price pressures. The spot price registered on 8 September was USD 1.64 per gallon. The price was 0.6%

21 experts tell us what the future looks like for crytocurrenices and blockchain

Chaganomics

It’s been a little over nine years since Satoshi Nakamoto, the anonymous creator (or creators) of Bitcoin, published the paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System.