In a  recent conversation with one person who I would consider knowledgeable, I was led to this site. COVID-19 Live Vaccine Tracker. This is an initial rundown of various Covid vaccines being worked on by international companies and the phase they are in today. I will attempt to update this from time to time. “A […]

Trump being asked why he lied to the American People by ABC’s White House correspondent Jonathan Karl   About Time!

Everything was running according to plan in Wisconsin. The state’s 72 county clerks print the ballots, mail them to voters, collect election results, and coordinate their canvassing boards, while 1,850 municipal clerks at the city, village, or township level operate the polling places and handle absentee ballots. The state had prepared for the national election […]

The Bahrain-Israel Mutual Recognition  This freshly announced mutual recognition follows the one between the UAE and Israel, which set a new pattern, with Bahrain and possibly others (Oman?) predicted to follow.  I am not surprised it was Bahrain that was next, although it may prove to be the only one.  There are several reasons why […]

Consumer inflation continues to accelerate YoY, but so far no big problem   The consumer price index for August was reported up +0.4% this morning. This is the third straight big increase. Below I show this plus the more stable consumer prices minus gas (red): Here’s what the monthly changes look like over the past […]

Improvement in initial and continuing claims stalls out This morning’s jobless claims report shows that the trend of “less worse” news has at least temporarily ended, at a level of about 150,000 higher than the worst weekly levels of the Great Recession. On a non-seasonally adjusted basis, new jobless claims rose for the second week […]

Working-class Black and Latino Americans, more likely to be paid lower wages, less likely to own significant assets; feel that they are being deprived of a fair share; see this as a consequence of white privilege. Meanwhile, white working-class American’s see themselves as less than privileged, barely hanging on; feel that such demands by Blacks […]

Sorry, partisans in denial: swing State polls have tightened It’s a slow economic news week, so let me follow up with some further information about movement in the polls. My usual caution: polls are *NOT* forecasts, just nowcasts estimating what would happen if the election were today. In the past few days, there is further […]