CPI Up 0.4% on Energy and Shelter: “Not a Disappointment”, Tiny Harvey Effect

The Econoday parrot is singing a happy tune today as the CPI beat expectations for the first time in six months.

Thatcher’s Last Stand Against Socialism: Humorous Video on the Euro, European Politics, and Wealth

Please consider this humorous video of Margaret Thatcher’s last House of Commons Speech on November 22, 1990.

Economists never know what the weather “was” until economic reports come out!

On Wednesday, Econoday was singing the praises of ADP’s payroll predictions. Let’s take a look., especially in light of revisions.

“Positive Ripple” Asininity Courtesy of Financial Times

Economically illiterate Financial Times writer Gillian Tett is singing the praises of inflation.

Tweets of the Day: Economy, Saudi Arabia, Tesla, Taxes, Russiagate, Italy, Japan

Please consider some Tweets that caught my eye this week on a variety of subjects.

Retail Sales Bounce: Upward Revisions Explain Strength in 2nd Quarter GDP

The Keynesian economists and the monetarists at the Fed are singing a happy tune today as retail sales bounced 0.6 percent vs the Econoday consensus estimate of 0.3%.

Senator Email Blast List Simplified: Flood Them With Emails With One Click

In at least one email please send your senators a brief message to consider the Mish Alternative (or whatever alternative you prefer).

$500 Million LA Home – Built on Spec

To highlight the enormous and growing income inequality issue, please consider California Dreaming: Record $500 Million Tag on L.A. Home.

Rand Paul’s “Obamacare Replacement Act” vs. Mish Health Care Proposals

Please consider Senator Rand Paul’s “Obamacare Replacement Act“. Paul’s bill allows cross-state insurance. That’s a step in the right direction.