I guess threatening China did not work out as well as Trump planned it to be. China walked away from the US, starting with liquefied natural gas (LNG). China has just announced a complete halt on all liquefied natural gas (LNG) imports from the United States. A decision made abruptly with no prior indication, no […]
As outlined in Monday’s report, NDd will cover the impact of a tariff caused recession in his daily reports. Daily T—-p tariff recession watch: no evidence of hard data deterioration to start – by New Deal democrat Are the T—-p tariffs quickly putting the US into a recession? As I wrote yesterday, there are two daily […]
Following the breadcrumbs of how justice is achieved for one person . . . hopefully. Joyce Vance @ Civil Discourse Deporting an Innocent Man There is a case I want to write to you about tonight, a case that was decided last week but has gotten lost in the press of so much news on […]
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 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 […]
– 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 […]
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 […]
– by New Deal democrat This week initial jobless claims declined -6,000 to 219,000. The four week moving average declined -1,250 to 223,000. With the typical one-week delay, continuing claims rose 56,000 to 1.903 million, the highest number since 2021: Since last year this week there was something of an outlier to the upside, by […]
The tariffs were always about extortion, soliciting bribes. They were never about helping the economy, balancing the budget, trade deficits or reducing taxes. “After multiple White House aides insisted that the new tariffs were not a negotiation, Trump said he would be open to negotiating with other countries about the duties. “Trump said he would […]
– by New Deal democrat Along with all the other reports, yesterday the JOLTS survey was updated for February. This survey decomposes the employment market into openings, hires, quits, and layoffs, and so gives a more granular view. The question over the past year has been whether they best describe a “soft landing,” or “hard” […]