The Bowtie Economist's Daily Dose of 70-Word Wisdom
Dog Days
The Friday File: In a new study, researchers find dog breed is responsible for only 9% of variations in dog behavior. Physical traits were more closely linked to breed type with ear shape having the closest connection. Howling was the…
Read More about Dog DaysCrypto Crime
In 2022, crypto hacking has been occurring at the rate of one hack/week, the same pace as in 2021. The difference, since late last year, the amounts stolen have risen. Since August, hackers have made off with $2.9 billion in…
Read More about Crypto CrimeQuantitative Quitting
In March, the number of job openings hit 11.55 million, the highest level ever, while the number of unemployed persons was 5.95 million, meaning there are 1.94 jobs/job seeker, staggering! With so many openings, the number of quits (all of…
Read More about Quantitative QuittingFueling Facts
Between 1970 and today, US automobile fuel efficiency roughly doubled for both cars and light trucks. During the same time the US population increased by 54% and the number of vehicles on the road grew by 141%. Moreover, there has…
Read More about Fueling FactsConsistent Concerns
Looking out six to 12 months, the biggest concern I have is commodity inflation including energy, food, and metals. Next on the list is the tight domestic labor market and the continual wage inflation it generates. Third, the steady rolling…
Read More about Consistent ConcernsAwesome Acts
The Friday File: Based on the number of album units sold (AUS), with an album equaling 1,250 streams on a paid subscription platform or 3,750 streams on an ad-supported platform, the Beatles are tops with 183 million AUS. Garth Brooks…
Read More about Awesome ActsNegative Number
While 22Q1 GDP shrank at an annualized rate of 1.4%, it fell because inventories shrank and imports skyrocketed, meaning torrid domestic consumption was met via inventory drawdowns and imports. Federal, state, and local government spending also shrank. That said, private…
Read More about Negative NumberRotten Russia
The Russian invasion of Ukraine will shrink Ukrainian 2022 GDP by 35% from $200 billion to $130 billion. Russia’s will fall by 8.5% from $1.8 trillion to $1.65 trillion. Combined, that’s $220 billion. 2022 global GDP of $95 trillion is…
Read More about Rotten RussiaHousing Hit
Housing activity is beginning to show the impact of rising rates. March sales activity, which is based on contracts signed in January and February when 30-year mortgage rates were rising from 3.29% to 3.9% fell for the second straight month…
Read More about Housing HitNATO Neighborhood
Historically, NATO and Russia shared a border of 196km, where Norway and Russia meet. When Poland ascended in 1999, the border grew to 428km. In 2004, when Estonia, Latvia and Lithuania joined after asking to be admitted like all nations,…
Read More about NATO NeighborhoodRecent Posts
- TAM TRAVESTY 08/26/2026
- BESSENT BETS 08/25/2026
- TREASURY TRANSFORMATION 08/24/2026
- RUSSIAN REACH 08/21/2026
- DEFICIT DANGER 08/20/2026
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