Econ70

Pricy Pigskin

09/12/2014

The Friday File: The New England Patriots have the priciest average non-playoff game ticket prices at $122 (non-premium) and $566.67 (premium). The NFL averages are $84.43 and $252.06. Costliest brew: Oakland at $10.75, priciest parking, Dallas at $75, costliest hat,…

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Scary Scotland

09/10/2014

Scotland’s independence bid assumes using the British Pound and gaining EU admittance. Britain will forbid Scotland from using the Pound and the EU will force Scotland to apply for EU membership and adopt the euro. Scotland could bypass the EU…

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Marginal Millenials

09/09/2014

In 2010, households headed by those under age 35, the Millenials, had median income of $37,600, now it’s just $35,300. Worse, 41.4% of them have student loans, up from 33.6% in 2007 and 23.3% in 1998 and the balances are…

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Awesome Autos

09/08/2014

The combination of falling gas prices, zero percent six-year financing, an aging fleet, and newly styled feature-rich cars is turbo-charging auto sales. Annualized 8/14 sales were a stunning 17.53 million units, up from 15.94 million in 8/13, 11.80 million in…

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Special Report: Now, the real concern is how will interest rates rise?

09/05/2014

Economist Elliot Eisenberg’s Special Report for the Tucson Association of REALTORS Septemeber issue.

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Deadly Divorce

09/05/2014

The Friday File: The most expensive divorce, as measured by settlement size, is the $4.5 billion Dmitry Rybolovlev paid to his ex-wife Elena. Second is Alec Wilensein’s $2.5 billion payment to his ex-wife Jocelyn. But, these numbers are likely to…

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Bad Ban

09/04/2014

Doing away with the unrefined oil export ban would increase the export price of US oil, making producers, landowners and governments happy. It would also spur more drilling activity which would slightly reduce the world price of oil. That would,…

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Weak World

09/03/2014

With Swiss and French economic growth flat in Q2, Germany’s economy shrinking by 0.2% last quarter, Italy in its third recession since 2008 and its economy no bigger than it was in 2000, and now reduced Europe-wide growth from tit-for-tat…

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Insignificant Inflation

09/02/2014

With the Fed’s preferred inflation gauge currently running at 1.6% year-over-year, well below the Fed’s 2% long-run target, real personal income growth flat, real household spending declining by 0.1% in July, and inflation in Europe at a staggeringly low 0.3%…

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Terrific Ties

08/29/2014

The Friday File: Yesterday was National Bow-Tie Day. Bow–ties were probably first worn by Croatian mercenaries and brought to Western Europe by French soldiers following the 30 Years War (1618-1648). This year about $850 million will be spent purchasing neckware…

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