There were two pieces of good news yesterday: the big job gains in October, perhaps due to the waning of the delta-fueled covid-spike, and the new Pfizer covid pill, which is reported to be 89% effective at preventing severe illness and death. Coming after the demoralizing mid-term election, this is indeed very welcome. But welcome […]
September Trade Deficit Rises 11.2% to a Record High on Lower Exports of Precious Metals, Oil & Oil Products and Capital Goods, MarketWatch 666, Commenter and Blogger RJS Our trade deficit rose by 11.2% in September as the value of our exports decreased and value of our imports increased…the Commerce Dept report on our international trade […]
Three reasons for the decline in Biden’s (and Democrats’) popularity Dan Guild follows presidential approval closely and uses it to model election outcomes, including State level as well as Congressional and Senate races. He’s been very consistent, and very good. For the past several months, his hair has been on fire about a real decline […]
None so indignant as the scoundrel. -mois Long ago and far away on a Pie-Supper Night at a one-room schoolhouse, the auctioneer cried, “I’ve got two, who’ll give me four? Now, I’ve got four, who’ll give me six?” Two, four and six bits that is. Stock market still works with the fictional one-eighth dollar. But […]
Economist and Farmer Michael Smith Introduction Well, Its About to Become Worse as Urea prices jumped to a record strong demand creating supply shortages. Food prices to increase . . . And the Details I was recently sitting on a conference call with a fertilizer analyst and a bunch of monocrop growers, generally feeling out […]
Commenter and Blogger, RJS MarketWatch 666 3rd quarter GDP, September’s income and outlays, durable goods, & new home sales The key economic reports that were released this week were the 1st estimate of 3rd quarter GDP and the September report on Personal Income and Spending, both from the Bureau of Economic Analysis ….the week also saw the release […]
Theft of alien labour time is a miserable foundation In the early 1980s, I was riding home from work on a bus and looked out the window at a Toyota pickup truck alongside. I was overwhelmed by the realization that I could never in my life make such an object by hand, even if I […]
(Dan here…from Wednesday, Nov.3) About last night I was going to write about motor vehicle sales (not good), but FRED is down for maintenance. I might put something up later whenever the site comes back online. In the meantime, because a few people have asked me offline what I make of last nights results (at […]
Coronavirus dashboard for November 2: the winter wave has begun The Delta decline is probably over. Nationwide US cases are up 4000/day from one week ago. The Northeast and South census regions still show a decline, but West and Midwest regions show increases: One week ago only 3 States were in the “increasing” category. Now […]