Contribution by R. J. Sigmund from his “environment, energy, & related news from the week ending April 5th.” Chemicals Shortly before we left Livingston County Michigan, there was a big exposé on the discovery and the amount of PFAS in the lakes and wells of the county. I have a rather lengthy piece on this […]
Trump’s tariffs have appalled all right-thinking people. They have also appalled many right wing people. Trump has long since lead us to the strange state of agreeing with Mitch McConnell, but now he has united all but the most servile right against him (unfortunately Trump serfs control Congress and maybe, the Supreme Court). The Wall […]
Trump goes golfing while the nation burns . . . As taken from The Daily Beast “Amid the carnage of this week wrought by his own decision to start a global trade war and send the stock market plummeting, President Donald Trump experienced a personal victory after winning a round of golf at his own golf course. On Saturday, Trump won the […]
“Tesla wins, Detroit bleeds,” Bernstein analysts led by Daniel Roeska declared Thursday. “Tesla is the clear structural winner…. For everyone else, this is a margin reset and real drag on near-term earnings power,” Roeska continued.” The only imported part for Teslas appears to be a wire harness made in Mexico. That’s expected to add less […]
Rachel Maddow: Trump crashed the world’s markets based on on the advice of a fictional economist. Summary The video highlights a Rachel Maddow segment revealing that Donald Trump’s tariff policy, destabilizing global markets, was based on advice from a fictional economist invented by Trump adviser Peter Navarro. This absurd but dangerous origin story underscores the […]
– by New Deal democrat My question over the past year has been whether “deceleration” would turn into “deterioration.” For a “soft landing,” deceleration would need to end, and the numbers stabilize, vs. continuing to deteriorate towards an actual downturn. With the stupefying economic moves by the new Administration, looking for hard data indicating the onset […]
Weldon Berger and I go back a long way (Slate’s The Fray). We are speaking of decades when each of us were a bit different than what we are today. We were on the same side of the argument. However, there was a distinct difference in how we approached things in politics and society. We […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. You may be surprised to learn that despite the 10%+ stock market crash on Thursday and Friday, my rating for the short leading indicator of the S&P 500 is still “neutral.” That’s because the market is extremely volatile. There was an all-time […]
– by New Deal democrat Because manufacturing is much less important to the economy than in the decades before the Millennium, the economically weighted average of the ISM services index (75%) as well as manufacturing (25%), especially over a three-month period, has been much more accurate since 2000. In March the expansionary headline and new […]
I have been subscribing to The Atlantic for over a decade now. When I would travel by air to some far-off destination, I would have it in my brief case and also carry a book. It used to be, you could obtain a magazine or newspaper on an airplane. That disappeared and I do not […]