Monday, March 13, 2017



New Deal Demoncrat - weekly indicators.

IPEZone - pro-, anti-trade voices duke it out at the White House. Maybe Trump only has to send out a few anti-trade tweets to keep his voters happy?

NYT - Trump budget proposal reflects working-class resentment of the poor. Which is a real thing, but the lefties don't get it because they think there's a monolithic class that they can lead around the nose. Which is why the working class throughout the developed world has swung to populists, and not to the left.

Tim Taylor - secular stagnation vs financial cycle drag.

New Deal Demoncrat - for now the economy remains on autopilot. And no surprise, Republican consumer sentiment has skyrocketed. Don't underestimate the power of psychology!

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