Weekly Indicators for December 3 – 7 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The long leading forecast has now been negative for four weeks in a row. Please remember that clicking and reading, besides being educational, helps reward me for the work I put into this.
Brookings Institute points us to: Big, techy metros like San Francisco, Boston, and New York with populations over 1 million have flourished, accounting for 72 percent of the nation’s employment growth since the financial crisis. By contrast, many of the nation’s smaller cities, small towns, and rural areas have languished. Smaller metropolitan areas (those with […]
(Dan here….better a little late than not…) by Kenneth Thomas Amazon Wins!!! Well, what did you expect? With 238 entrants and 20 finalists, the Amazon HQ2 location tournament resulted in a resounding victory for Amazon: Billions of dollars in subsidies and binders full of detailed information on the contestants. Plus, we got a surprise twist […]
by Joseph Joyce U.S. Interest Rates and Global Banking in Emerging Market Economies The spillover effects of changes in U.S. interest rates are widely recognized (see here and here). An increase in rates, for example, raises the cost of dollar-denominated financing outside the U.S., which has grown in recent years, while an appreciation of the dollar makes such […]
; Via Bill McBride at Calculated Risk: Climate Change Report This is a critical threat and should be a nonpartisan issue. Here is the Fourth National Climate Assessment. An excerpt on the economic impact: In the absence of significant global mitigation action and regional adaptation efforts, rising temperatures, sea level rise, and changes in extreme events […]
Via Naked Capitalism and Lambert Strether: And now abideth faith, hope, charity, these three; but the greatest of these is charity. –Corinthians 13:13 I posted this letter in Links, but I found I could expand on it. Spectrum Health Care’s letter to Hedda Martin speaks for itself, and for what our health care system has […]