More data, that is, and more questions.
Author Archives: James_Hamilton
Strong March employment growth
The Bureau of Labor Statistics reported today that U.S. nonfarm payrolls, as measured by their survey of establishments, increased by a seasonally adjusted 180,000 workers in March.
Cantarell fading quickly
A big challenge for Mexico and the rest of us.
New study of the determinants of oil prices
Professor Lutz Kilian of the University of Michigan has an interesting new paper on the historical determinants of crude oil prices.
More speculation about Saudi Arabia
The Oil Drum has been featuring some very interesting speculation as to the meaning of the
ongoing drop in Saudi Arabian oil production.
San Diego County pension fund sues Amaranth hedge fund
Pension Tsunami catches this story from Bloomberg.
About that downside
As always, first-rate economic analysis from Fed Chair Ben Bernanke today, and first-rate coverage from Mark Thoma and Kash Mansori, among others.
New and existing home sales
Carnival time
This week’s Carnival of the Capitalists is hosted by Political Calculations (of calculate your own recession probability fame). In addition to PC’s usual dazzling display of cool scripts, Ironman had the excellent taste to designate Econbrowser’s Bubble, Bubble, Toil and Trouble as “The Best Post of the Week, Anywhere”. Which maybe gives y’all a chance to start a new thread for discussion of just what’s been driving the housing market.
Bubble, bubble, toil, and trouble
It didn’t look to me like a bubble on the way up, and it doesn’t look to me like a bubble on the way down.