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

Comments on existing home sale prices

Comments on existing home sale prices Existing home sales were reported yesterday. Since, although they are about 90% of the market, they have much less effect on the economy than new home sales, I normally don’t pay that much attention.But I did want to emerge from my vacation hideaway to make a few comments. 1. […]

Private Equity invests in “Primary Care” Medicine

I am adding a brief comment here (it fits and is on topic) rather than going back to the earlier post which I believe to be titled correctly; “Little Good can Come from Private Equity in the Healthcare Industry.” As my source of information I had identified two different articles taken from Modern Healthcare and […]

Weekly Indicators for July 19 – 23 at Seeking Alpha

 by New Deal democrat Weekly Indicators for July 19 – 23 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. No visible impact on the economy yet due to the Delta wave. In March 2020, the first indicator to tip over was restaurant reservations. I would expect that to be the first item […]

BREAKING AND ENTERING: How to get into farming . . .

Farmer – Economist Michael Smith is discussing how people get into farming and the issues. There are three ways to get into faming, each with their own issues, pitfalls, and nuances. There are three distinct ways to get into farming and those paths are all not worn at all. After a few rainy and hot […]

What We Still Do Not Know about Emmett Till

In 1955, just past daybreak, a Chevrolet truck pulled up to an unmarked building. A 14-year-old child was in the back. The article is part of “Inheritance,” a project about American history and Black life.. It is a good offering by The Atlantic, “His Name Was Emmett Till,” Wright Thompson Introduction: “The killing of Emmett till […]

New jobless claims rise sharply; is the Delta wave beginning to take its economic toll?

New jobless claims rise sharply; is the Delta wave beginning to take its economic toll? New jobless claims are the most important weekly economic datapoint with regard to the effects of vaccination progress. At this point, it is also a test of how much the “delta wave” of new cases is setting economic progress back. […]

Why Did Trump Initially Support The Saudi-UAE Effort To Overthrow Qatar’s Government?

Why Did Trump Initially Support The Saudi-UAE Effort To Overthrow Qatar’s Government?  One of the more curious things in 2017 in the first year of the Trump presidency was how when Saudi Arabia and the United Arab Emirates (UAE) placed a boycott on Qatar and more directly attempted to overthrow the government of Qatar, President […]

Brace yourself for the surge in deaths

Coronavirus dashboard for July 21: brace yourself for the surge in deaths I have been warning since late June that the situation would likely look very different by the end of July. By 2 weeks ago, I wrote: “In the near future, there appears to be bad news and *relatively* “good” news for the US. The […]