In August 2020, I got my first jab of the Moderna COVID vaccine as part of their Phase III trial. One month later, I got the booster. 12 hrs after that, I had the classic symptoms–headache, fever, muscle and joint pain–indicating that I was in the vaccine arm of the trial and not the control. […]

Despite a few soft spots, consumer income and spending continued to power ahead in October  – by New Deal democrat The monthly personal income and spending report is along with the jobs report, one of the two most important coincident metrics for the entire economy, because it is a fairly comprehensive look at the consumer […]

Here we are agin, trying to make it easier to trade derivatives. Never mind the lessons we thought we learned when Goldman Sachs called on AIG to ante up. There were little in reserve for the swaps and AIG was ready to collapse. Congress and the Fed (or reverse) saved them and the economy. The […]