Relevant and even prescient commentary on news, politics and the economy.

Stock market and unemployment as an easy and timely coincident recession indicator

Using the stock market and unemployment as an easy and timely coincident recession indicator  – by New Deal democrat My fellow forecaster Bob Dieli has a measure he calls “DeltaDelta,” basically an average of the YoY% change in the stock market and the unemployment rate (which hopefully he won’t mind me mentioning here). It called to mind […]

PBMs diverting copay cash meant for the needy

Patients already paying price for PBMs diverting copay cash meant for needy, WSYX, Part 3, Darrel Rowland Part 3 of a 3-part investigation adding the detail of what is occurring with the PBMs. In a nut shell, Patients are told that they can avoid huge out-of-pocket spending for their drug and obtain their prescription for […]

Donald Trump isn’t the only guy who has trouble with stealth technology and wavelengths

There has been much laughter over the fact that Donald Trump has repeatedly given the impression that he thinks that stealth technology works at the wavelength of visible light, so stealthy aircraft are invisible. He isn’t the only one who is saying silly things based on ignoring wavelength. The technology used by the F117, F22, […]

Timothy Snyder on why we should thank Ukrainians

Timothy Snyder is the Richard C. Levin Professor of History at Yale University, a permanent fellow at the Institute for Human Sciences in Vienna and an expert on Russian and Eastern European history. Yesterday, he narrated an essay on his subscription-only Substack site “Thinking about . . . “ on the occasion of Volodymyr Zelenskyy’s […]

Believing and Time

People tend to say things are bad and getting worse. They tend to get irritated when I note that the thing they mentioned is bad but has recently become less bad. There is some deep unwillingness to accept that levels, changes, and rates of change are different. Certainly people will argue that something is too […]

Long awaited downturn in multi-family construction may finally have happened

The long awaited downturn in multi-family construction may finally have happened  – by New Deal democrat With the relative fading of manufacturing in importance to the US economy, the leading construction sector has assumed even greater importance. And the most important data about construction are the leading, and long leading, data about residential housing construction. […]

Seeking the reasons for the death for HB 135

This is Part 1 of a three-part story of how politics and delays backed by commercial interests and business sponsor groups delayed and eventually killed a bill meant to aid Ohio citizens. Kind of a forerunner to what may happen if Congress ever promotes a bill for healthcare-for-all. I will post the other two parts […]