YoY initial claims restart the yellow caution flag, suggest unemployment will rise towards 4.0% – by New Deal democrat I’ll post on personal income and spending a little later. But first, initial jobless claims declined -4,000 to 228,000 last week. The more important 4 week average increased 250 to 237,500. With a one week delay, […]
Not Everything We Call Cancer Should Be Called Cancer, rsn.org. The NYPD Denied Our Request for Body Camera Footage of a “Friendly Fire” Killing. Here’s How We Got It Anyway, ProPublica, Mike Hayes. Clarence Thomas officially discloses private jet trips on GOP donor Harlan Crow’s plane, CNN Politics, Ariane de Vogue and Devan Cole. Stay […]
In the last post “Trump, Biden Policies Shifted Trade from China, Study Shows,” voanews.com, (read again if needed) we were talking about China sneaking its parts into the US through Mexico and Vietnam. The VOA article is the same as shown on Bloomberg. As you read that post, I think you will see I had […]
July JOLTS report: is the game of reverse musical chairs in employment ending? – by New Deal democrat For the past 18 months, I’ve likened the job market to a game of reverse musical chairs, where there are more chairs put out by potential employers than there are job applicants willing to fill them. Also […]
This is mostly about commercial charging stations for companies. However, the company does offer a home version which I have added a picture and the pricing. Not cheap. It does solve the issue of where do I charge my vehicle? Not endorsing this as it is early on in the introduction of EVs and barely […]
I just finished “War and Punishment: The story of Russian oppression and Ukranian resistance” by Mikhail Zygar. I’ve read several books on Russian and Ukranian history written by historians. Zygar isn’t a historian, and the style of this book is more of a reporter, albeit one describing history. The writing here is vivid, if somewhat […]
Frozen homeowners mean record low inventory, meaning existing home prices have stopped declining – by New Deal democrat Before discussing this morning’s reports on existing home prices, let’s start with a look at new listings and total active listings of housing inventory, which are very instructive: This information is not seasonally adjusted, and obviously follows a […]
Guest post as written by Infidel753 and taken from his Blog of the same name. Infidel753: Viruses of the mind, Infidel753 Blog Viruses are the simplest of all living things. Indeed, it’s questionable whether they should be considered “living” at all. A virus does not eat, breathe, digest, or perform any other of the organic […]
More detail on California’s Single Payer Bill AB1690. 0223 CA Legal Fact Sheet AB1690 CalCare.pdf, nationalnursesunited.org. Summary Today’s U.S. health care system is a complex, fragmented multi-payer system that still leaves wide gaps of coverage and poses significant issues of affordability. Despite health care spending in the United States far exceeding other high-income, industrialized countries […]
Fed rate hikes in the face of declining commodity prices: an analysis of 4 precedents – by New Deal democrat We live in interesting commodity times. Over the weekend, my latest piece at Seeking Alpha highlighted the strong contrary pulls of higher interest rates and lower commodity prices. While not unique, as we’ll see below, the […]