The housing market’s downward turn begins: new home sales in February, plus a comment about affordability As of this morning Mortgage News Daily shows the 30 year mortgage rate up to 4.72%, 1.9% higher than their lows 15 months ago, and the highest in four years. That means the housing market is in some serious […]
Keisha Russell Must be Censured for her Plagiarized Senate Testimony Every sensible man, every honorable man, must hold the Christian sect in horror. — Voltaire Keisha Russell is a propagandist for the “First Liberty Institute” who they grace with the title of “counsel.” It looks from her resume that the counsel she provides consists of […]
Sorry for the Advertisement. This is funny . . . or at least it was too me . . . a former BBall player. The Rest of the Story Sue Bird Lied That Celtics Legend Larry Bird Was Her Uncle As a Kid (insider.com)
The US Treasury yield curve is on the verge of inverting My graphing issue hasn’t resolved yet. Fortunately there is no big new economic news today, and there is something I’ve been following with particular interest in the past week that doesn’t require any graphing: namely, the Treasury bond yield curve is on the verge […]
Org-Dimensional Man In 1959, Harold Rosenberg wrote the essay “The Orgamerican Phantasy,” published in The Tradition of the New. Rosenberg’s essay criticized the “post-radical” self-absorption of several of the same authors — William H. Whyte, C. Wright Mills, and Vance Packard — that Herbert Marcuse would subsequently praise in the Introduction to One-Dimensional Man for the “vital importance” […]
Why War Might Go On Longer An unfortunate reason the current war in Ukraine might go on longer than it should (with the should here being that it should never have happened in the first place, and the sooner it stops the better, with the onus here clearly on V.V. Putin to stop it as […]
So says Martin Kulldorff: It seems like Jha did call Kulldorff a clown. (Kulldorff was an author of the Great Barrington Declaration and one of the “let it rip” clowns Jha refers to in the tweet Kulldorff shares.) Calling someone a clown on twitter does not constitute bullying, but it is at least arguable that […]
January 2021 finds 14.5 million people having healthcare plans due to Joe Biden’s American Rescue Plan Act. As commenter “Arne” pointed out, this represents an increase of ~2.98 million more people insured under the ACA. Even the other Joe voted for it. Manchin that is. Kind of catching up with old news here. Earlier this […]
RJS, MarketWatch 666 Retail Sales Rose 0.3 % in February After January’s Sales were Revised 1.0% Higher Seasonally adjusted retail sales increased 0.3% in February after retail sales for January were revised 1.0% higher . . . the Advance Retail Sales Report for February (above) from the Census Bureau estimated our seasonally adjusted retail and food services […]