(Dan here…lifted from Robert’s Stochastic Thoughts) by Robert Waldmann Friday, October 02, 2020 Constitutional Nit Picking I object to this sentence in this article by Paul Kane in the Washington Post “In such a scenario, deciding the presidency falls to the House of Representatives, but in a rare twist mandated by the 12th Amendment after the contested […]
An Honest QUESTION . . . According to the law . . . . Is there any difference between a man with AIDS having unprotected sex with someone and not telling his partner about his disease….AND what TRUMP did in New Jersey ??? Hat Tip to: HammerHeadSid® at Crooks and Liars, Mike’s Blog Round […]
Assuming Trump recovers from the coronavirus and resumes campaigning, this is what I would like to hear from Joe Biden (perhaps at a debate): Like all Americans, I am glad you recovered and avoided serious damage to your health. But I also think that you owe an apology to all the Americans who have lost […]
“The Masque of the Red Death” by Edgar Allan Poe, 1842 The red death had long devastated the country. No pestilence had ever been so fatal, or so hideous. Blood was its Avatar and its seal — the madness and the horror of blood. There were sharp pains and sudden dizziness, and then profuse bleeding […]
September jobs report: a drastic slowdown in improvement, but further demonstrating an economy that *wants* to get better HEADLINES: 661,000 million jobs gained. The gains since May total a little over half of the 22.1 million job losses in March and April. The alternate, and more volatile measure in the household report was 275,000 jobs […]
What is this that we call history? What is it good for? History is: a chronological record of significant events (such as those affecting a nation or institution) often including an explanation of their causes, a branch of knowledge that records and explains past events, the study of the past, …, the past in context. […]
by New Deal democrat Weekly Indicators for September 28 – October 2 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Almost all of the indicators across all time frames are well off their worst levels. The question now is becoming whether or not they will stall out or reverse. As usual, clicking […]
Happy Every Economic Statistic in the World Day! 4. Manufacturing continued to expand strongly in September This morning’s final economic report is the ISM manufacturing index for September. This is a short leading indicator, and the new orders subindex specifically is one of the 10 components of the Index of Leading Indicators. A neutral reading […]
Happy Every Economic Statistic in the World Day! 3. Private residential construction spending improves smartly This morning’s third economic release is August construction spending. I track this because it is part of the important long leading housing sector. While it isn’t nearly as leading as housing permits or starts, it is the least volatile […]
Happy Every Economic Statistic in the World Day! 1. Jobless claims continue making glacial progress 1. Jobless claims Another week of glacial progress in initial jobless claims, at levels worse than the worst weekly levels of the Great Recession. On a non-seasonally adjusted basis, new jobless claims fell by -40,263 to 786,942. After seasonal […]