I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Q3 GDP Tracking: Flyin' Blind
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From BofA:
Since our last weekly publication, *3Q GDP tracking increased to 2.8% q/q
saar* from 2.6% after 2Q GDP came in at 3.8% in the third estimate.
...
Another look a NVDA
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I've looked at NVDA a couple times, in *August 2023 *and *January 2024*.
On Saturday 8/26/23 I said the action in NVDA stock looked like it was
topping....
Quantifying Trickle Down in Real Average Earnings
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I studied a handful of economic measures to see their affect on Real
Average Earnings. I used the following series from the St. Louis Fed FRED
system:
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The following chart shows how much production and nonsupervisory investment advice employees are earning compared to their used car dealer counterparts.
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