Fresh off Robert’s substack. I do not believe he likes me too much as I am all over everything said from time to time. I do not get the “friends” bit either. With Trump, this is war and he has to go. Some of his supporters will be disappointed when he turns on them. Meanwhile […]
One has to wonder whether the misspelling is purposely done to attract attention or is a true misspelling of dementia. If you can not spell it correctly, how can you accuse a successful president who sidestepped a pandemic, kept a nation going during the pandemic, and has many other accomplishments over the past years. Pennsylvania […]
There is another version to this which I may get into in the comments section. CDS were not known at the time to be dangerous investments by Wall Street Banks. Besides Long Term Capital, AIG was offering CDS insuring other CDS. The problem arose when AIG’s credit default swaps did not call for collateral to […]
Biden has been slightly behind Trump in the polls for months. Still, until now it was easy enough to discern a plausible path to victory. Democratic voters disappointed with Biden would gradually return to the fold as the choice between Biden and Trump became clear. Memories of inflation would fade. Trump would say outrageous things. […]
The following was a comment posted at Crooks and Liars. One respondent suggested that question #5 was a trick question noting that God and not Moses did the deed. AJ Jacobs Hallelujah! Thank you to my creative friends for all these great Biblical math problems. They’ll really help the Oklahoma school superintendent’s goal of inserting […]
– by New Deal democrat Since tomorrow is the Big Holiday, initial and continuing claims were reported today. [Also, on a programming note, later this morning I will also post about the ISM non-manufacturing survey once it is published, since it now plays an increased role in my forecasting]. Initial claims rose 4,000 last week to […]
JOLTS report shows stabilization in almost all metrics for May – by New Deal democrat The JOLTS report for May showed most metrics continued to show a slight rebounding from their March lows. The overall picture for now appears to be one of stabilization, consistent with the fabled “soft landing.” To the data: job openings (blue […]
Will Biden drop out? Should he? What then? To run or not to run So far Biden seems determined to stay in the presidential race. He and his campaign have worked hard to tamp down any talk that he might step aside. Yet there is a reasonable chance he will step aside, especially if his […]
There is a lot going on with SCOTUS this year. The death of Chevron diverts decision making from agencies which have an expertise in particular situations to the courts who lack the technical expertise. So now we have Thomas looking back in his crystal ball to see what they were doing in the 18th Century. […]
Struggling to sort out your feelings about the president? So am I. by Paul Waldman The Cross Section The purpose of this piece is not to convince you that Joe Biden should drop out of the race. In fact, I wrote it because I’m not sure if he should, and I think there are millions […]