This may be the most important housing chart of springtime 2021 My longform housing market analysis is almost complete, and will probably get posted later today or tomorrow at Seeking Alpha. I’ll post a link here once that is done. In the meantime, consider the following. The Case Shiller national house price index had another […]
The Iran-China Deal Yes, this 25-year deal is a big deal, just recently signed and not getting much attention in the US media. Juan Cole has called it the most important deal involving China and the Middle East since the days of the Mongol Empire in the 1200s, when both what was then Persia and […]
Off and on, in 1967, 68, 69 & 70, I worked the San Francisco waterfront as a marine electrician troubleshooter while going to University. Then, there were still the freighters owned by big shipping lines, the cruise lines, and a lot of the old Victory ships coming and going from SF. I worked on all […]
An Investment in the Future It is said that Eisenhower brought home the Autobahn; that he foresaw the need for airports. Let us say that President Eisenhower, seeing these needs for infrastructure, brought America into the 20th Century, and say, “Thanks, Ike.” Through the years, the interstate gave everyone access to work, to recreation, to […]
Coronavirus dashboard for March 28: good news … < sigh > … and bad news According to the CDC, there have been 30.3 Million *confirmed* cases of COVID-19 in the US, and 550,000 deaths.The true number of actual infections is probably much higher. On the good news front, the CDC says that 36.2% of the […]
Democrats have used the the 2021 budget reconciliation process to pass the $1.9 trillion American Rescue Plan. This was made possible because Congress did not pass a budget resolution last year which allows Democrats to make use of it in 2021. Schumer plans to use the 2022 budget vehicle for individual portions Biden’s infrastructure and […]
Is the Biden Presidency The Final Triumph Of The Silent Generation?, Econospeak, Barkley Rosser The who? Never heard of them? Or never heard from them? More like the latter. After all they have not been called “Silent” for nothing. Yes, it seems that we alternate generations between large noisy ones and smaller quieter ones. The […]
Via the Oklahoman comes this news on Republican state legislation. I believe Florida and other states are enacting radical ideology in more than the voting rights arena: Oklahoma charter schools granted local tax revenue in ‘seismic’ settlement A groundbreaking settlement will fundamentally change the way charter schools are funded in Oklahoma, despite vehement opposition from the state’s top […]
Commenter R.J.S., MARKETWATCH 666 Personal Income down 7.1% in February, Personal Spending down 1.0%, PCE Price Index up 0.2% The February report on Personal Income and Outlays from the Bureau of Economic Analysis gives us nearly half the data that will go into 1st quarter GDP, since it gives us 2 months of data on our […]