Until 2021, I didn’t pay much attention to the housing market. At that point, we’d lived in the same house for 34 years. There was no Zillow when we bought that house, and we bought directly from the owner, without an agent. We ended up using an agent to buy our house in Rhode Island. […]
Per Heather Cox Richardson: “. . . Donald Trump, sparked a crisis last Friday when his White House press secretary, Karoline Leavitt, announced that he fully intended to go through with the trade war he had hyped on the campaign trail. Trump announced he would levy tariffs of 25% on most products from Mexico and […]
Many people in a survey cited inflation as the reason for financial difficulties than any other cause. Inflation reached a 40-year high of 9.1% in June 2022 and has yet to return to the Fed’s target of 2%. And as we all know, we were in amidst of a pandemic to which many economic entities took advantage […]
ISM manufacturing index in January the strongest since 2022 – by New Deal democrat Although manufacturing is of diminishing importance to the economy, (it was in deep contraction both in 2015-16 and again in 2022 without any recession), the ISM manufacturing index remains an important indicator with a 75+ year history of accurately describing that […]
World’s richest person making life difficult by cutting development assistance and aid Somewhere within all the issues Congress has to deal with, with this administration, there must be a day of reckoning coming. I can not imagine Republicans being too thrilled with the damage trump and his pissant are creating. In less than two years, […]
Personal income and spending for December: more “steady as she goes” but with late cycle characteristics -by New Deal Democrat The December personal income and spending report showed that for the huge consumption sector of the economy, “steady as she goes” continued, as both nominal and real personal income and spending rose again in December. […]
I haven’t written about Trump, tariffs, and trade wars because there is plenty of smart commentary out there, and because I really had (and have) no idea how the whole thing will play out. It seemed plausible to me that Trump might be dissuaded from launching a destructive full scale trade war, that he might […]
Did Biden think he (or Harris) was certain to win the election? A competent executive knows that high priority initiatives need their constant attention to overcome bureaucratic resistance and infighting. This is true in the private sector and in government. Yet this is what we got from Biden: In the final year of President Joe […]
Ninety-one year old Senator Chuck Grassley is prompting Kash Patel to restore his version of the public’s trust in the FBI. I kind of wonder what trust of which he speaks. I think we already know he is referring to Republicans. It is hard to know what the public believes as they do not know […]
rjs at r.j.’s space sent this pice as written by MD Jeremy Faust. Apparently’ the CDC is going to restrict the use of certain words in research manuscripts. Gender, transgender, etc. appears to be the forbidden words as well as non-binary, nonbinary, assigned male at birth, assigned female at birth, etc. This was also done […]