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

Why Has AMLO Delayed Congratulating Biden On His Inauguration?

Why Has AMLO Delayed Congratulating Biden On His Inauguration?  Maybe he has now done it, although I have been unable to find any reports of him doing so.  But almost alone among world leaders, I think joined only by Kim Jong Un of North Korea, Mexicos’s President known as “AMLO” did not basically immediately congratulate […]

Weekly Indicators for January 18 – 22 at Seeking Alpha

 by New Deal democrat Weekly Indicators for January 18 – 22 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The pandemic, and the monetary and interest rate responses to it, are dictating which sectors are improving and which are stagnated or worse. But as vaccinations slowly progress, in springtime there may be […]

Unity

“Unity,” they cried. “First, we must have unity.” “Whose unity shall we have, yours or mine,” I asked? Knowing there was a Unitarian Church nearby, I stopped by and asked the minister. This ordinate tells me that theirs is all about a god of one; a unity god. Always wondered. Is there such a thing […]

Three days later in the Biden Administration

Letters from an American, Newsletter History Professor Heather Cox Richardson at Morrissey College of Arts and Sciences, Boston College chronicles today’s political landscape. Because it is difficult to understand today’s politics without an outline of America’s Constitution, and laws, and the economy, and social customs; the professor’s newsletter explores what it means, and what it […]

Extending START

Extending START  It is not a big headline story among all the other things newly inaugurated Joe Biden is doing, but it is being reported that despite a generally more hostile approach to Russia, he has agreed with what Russian President Putin has said he wants, which is to simply extend the current nuclear weapons […]

Initial jobless claims: still elevated compared with several months ago, another negative jobs report for January a possibility

Initial jobless claims: still elevated compared with several months ago, another negative jobs report for January a possibility Initial jobless claims this week came within a hair of meeting my criteria for a change to an upward trend.  On a unadjusted basis, new jobless claims declined by 151,303 to 960,668. Seasonally adjusted claims also declined […]

NFIB small business optimism vs. reality

(Better late than never…Dan) This is a really slow news week – on the economy!  My retrospective on the Trump Presidency is nearly complete and will be published tomorrow morning. In the meantime, here is a brief note on the Small Business Optimism index which was updated for December last week, showing a steep decline […]

Debt and Taxes III

I don’t know if I should try to make my contributions to AngryBear a noahpinion sub substack or if I should put this over at my personal blog, but I am always stimulated by Noah’s posts . His most recent “No one knows how much the government can borrow” is on a topic I’ve mentioned […]