“Home Prices Plunge by Most in 35 Years”,
declare the headlines. But those numbers don’t mean what you might think.
Author Archives: James_Hamilton
Third quarter growth slows to a crawl
As expected, GDP growth became even weaker in 2006:Q3.
More evidence that housing may be stabilizing
Data on new home sales and inventories released today from the Census Bureau continue to support the view that the market downturn may have reached its bottom.
Is peak oil irrelevant?
Does the market price of oil reflect a recognition that the resource is fundamentally limited?
Map showing projected outcomes of U.S. senate elections
Via Midas Oracle, a neat map from Computational Complexity showing the current Tradesports probabilities for U.S. Senate outcomes. Like the graphics I collected here, this is continually updated live.
One way or the other
Mixed signals this week leave Bernanke still needing to earn his pay.
Proposition 87 expenditures
Last week I discussed the way in which California’s Proposition 87, the Clean Alternative Energy Act, would raise revenues. Today I take a look at some of the implications of its proposed use of those funds.
Friday the thirteenth not so scary
The latest data on retail sales, tax receipts, and consumer sentiment all look consistent with the soft landing scenario.
Proposition 87 tax plan
Sixteen of the 191 pages that Californians are asked to read in order to vote intelligently in the upcoming election are devoted to discussion of Proposition 87, the Clean Alternative Energy Act. This calls for $4 billion or more in new taxes and spending. In this post, I discuss only the tax side of this proposal, and hopefully will have an opportunity to take up the spending details in a sequel.
Following the U.S. elections
If you’re looking for an alternative to the talking heads and endless spinning, here are some quantitative tools for following the U.S. elections that I’ve found useful.