– by New Deal democrat In ordinary times, new home sales are important because while they are very noisy and heavily revised, they are the most leading of all housing metrics. They remain important even presently because they can tell us about the underlying upward or downward pressure on the economy going forward one year […]
The training for an independent research career in the biomedical sciences entails a significant opportunity cost. It takes an average of about seven years from the bachelors degree to get the PhD, and then there are 2-5 years of postdoctoral training. Indeed, it’s common to do two postdocs to get diversified training. Those years could […]
Regional Feds so far on general business conditions in April: the worst since July 2022 – by New Deal democrat Three of the five regional Feds that report on their region’s state of the economy have now reported for April. With one exception in the data, everything is negative. On the manufacturing side, the NY Fed […]
Elon Musk, as czar of DOGE, has been making deep cuts in federal programs that serve civilians. But what about that budgetary elephant in the room, the military. There must surely be waste, fraud and abuse in military spending that Musk’s tech bros can ferret out, right? “After misleading headlines suggested that its topline would […]
I wish we could get someone or some group to get Trump to stop talking, bullying, and just be a good little president. In that manner we could have a few good years without the threats and the drama. Stop! In the Name of Trump! – Paul Krugman A sudden Crisis Comes to the United […]
Migros plans first Swiss 24/7 supermarket – SWI swissinfo.ch Innovation in Switzerland and kind of a big deal. I wonder how they will handle not having workers present? What is Migros? Migros is Switzerland’s largest retail company and Supermarket Chain. It is also one of the largest employers in the country. It is a cooperative federation, […]
Increasing tariffs can cause uncompetitive US suppliers. First, I do not know the exact composition of the ABS material. The point being made here is there are no domestic sourcing alternatives with the capacity to supply Genova Pipe and four other owner-operated businesses. The closure of one US ABS supplier the 2nd qtr. 2025 leaves […]
As taken from Facebook. I have not seen anything that says this letter is false. If you know differently, lets hear about it. I will post a better source once I find one. If this is real, it is about time others start to call out President Trump for his actions and planned global actions. […]
– by New Deal democrat Typically this is a week where I pay the most attention to incoming housing data in the form of both new and existing home sales, but because we live in “interesting times,” this week it’s different. The Sword of Damocles hanging over the entire economy is policy uncertainty, for unfortunately […]
– by Infidel753 A consensus is emerging that the biggest reason for Trump’s climb-down on tariffs last week was the reaction of the bond market. We haven’t heard the last of this issue. For those who are not familiar with the bond market, here is how it works. The sale of Treasury bonds is how […]