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

Coronavirus dashboard for June 29: renewed exponential growth in infections, decline in deaths has stalled

Coronavirus dashboard for June 29: renewed exponential growth in infections, decline in deaths has stalled Total US infections: 2,549,069,  42,161 in last day Total US deaths: 125,803,  273 in last day Here is the regional breakdown of the 7 day average of new cases per capita: There is renewed exponential growth in the South and […]

The US Presidential election as forecast by State polling: tending towards a Biden blowout?

The US Presidential election as forecast by State polling: tending towards a Biden blowout? Last week I posted a projection of the Electoral College vote based solely on State rather than national polls (since after all that is how the College operates) that have been reported in the last 30 days. There has been extensive […]

Differences

Differences by Ken Melvin … He said I have no opinion about this And I have no opinion about that Asked an Honors History Class what they thought was the most important issue facing America. In an earlier period, Patrick, a kid from Africa, responded, “our differences.” In a later period, a black female, in a […]

Coronavirus dashboard for June 27: infections -> hospitalizations -> deaths

Coronavirus dashboard for June 27: infections -> hospitalizations -> deaths Total US infections: 2,480,786,  44,373 new cases Total US deaths: 125,120,  619 new deathsA quandary over the past month has been why deaths declined so much more than new cases, while cases were declining; and more recently why deaths have continued to decline in the […]

Pandemic boundaries

Via the Boston Globe  comes the consideration of boundary problems this pandemic poses between US states. Worth a discussion. Also, on the world stage, the EU and other countries consider relaxing travel restrictions from ‘safe’ countries, the US not among them. Visitor quarantines may seem like a smart intervention to keep the virus from crossing […]

All 4 coincident indicators of recession improved in May vs. April

All 4 coincident indicators of recession improved in May vs. April With this morning’s release of personal income and spending, we now have all 4 coincident indicators for May that the NBER uses to determine whether the economy is in a recession or recovery/expansion. And all 4 improved from their “most horrible” readings in April. […]

Weekly Indicators for June 22 – 26 at Seeking Alpha

by New Deal democrat Weekly Indicators for June 22 – 26 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The coincident indicators, as well as the short leading indicators, have continued to improve gradually each week. But this week may be the near term peak, as the reality of renewed exponential spread […]

Initial jobless claims improve slightly; continuing claims resume decline

Initial jobless claims improve slightly; continuing claims resume decline Weekly initial and continuing jobless claims give us the most up-to-date snapshot of the continuing economic impacts of the coronavirus on employment. More than three full months after the initial shock, the overall damage remains huge, with large spreading new secondary impacts. The positive news is […]