I am late to the discussion of the (possible) US soft landing. I think I better write about the soft landing (so far) in case it is ceasing to be soft (I am not making a forecast). The remarkable thing is that the dramatic increase in the Federal Funds Rate did not induce a downturn […]
“Kabuki is a form of classical theater in Japan known for its elaborate costumes and dynamic acting. Phrases such as Kabuki theater, kabuki dance, or kabuki play are sometimes used in political discourse to describe an event characterized more by showmanship than by content.” Maybe I am wrong in calling it such. The style of play occurring between the two companies […]
– by New Deal democrat Every month I write about the Jobs Report. But while it is timely, it is only an estimate. There is an actual census of over 95% of all employers that also gets reported, called the QCEW, and it is the “gold standard” of actual jobs growth (or loss). Its two […]
A dangerous maneuver by Ukraine, unless Putin and Russia are willing to capitulate after years of fighting. In any case and over time, Zelensky’s life will be in danger. Putin will be hunting for an opportunity to remove this antagonist. FP This Week – Ukraine Invades Russia On Aug. 6, Ukraine surprised the world with […]
Believe it or not, there are still some folks who think climate change is a hoax. How many are financially invested in that belief, I don’t know. I do know that folks who are currently in the business of making money in the insurance industry *do* believe that climate change is real. They’re no longer […]
How restrictive are “real” interest rates? – by New Deal democrat This post is inspired by a Xtweet from Paul Krugman this morning, in which he pointed out that if we measured inflation the same way it is done in Europe, the Yoy% change would be only 1.7%. That got me wondering, since the primary […]
A bit of The Atlantic’s Anne Lowrey on high prices and increasing prices. The article says there are few or great tools a president has at their disposable. I beg to differ on Annie’s comment. One of those tools a President Kamala has is take the issue to the citizenry making the case many of […]
According to Nate DiCamillo at Quartz, “September is shaping up to be another good month for consumer sentiment.” AB: I believe there are other aspects which would make the citizenry even feel better then decreasing gasoline prices. The economy is getting there, just not fast enough for many, and people show their doubts. Gasoline pricing […]
By Isabel Soisson The Copper Courier AB: This piece on the IRA cover quite a bit of territory discussing the Inflation Reduction Act. There is still more that was accomplished under the Biden Administration with the American Rescue Plan 2021 Act. Who would have thought an old president suffering from dementia could have accomplished so much? […]
by Emily Atkin Heated World The richest man in the world has a new message about climate change: It’s real, but don’t knock the industry most responsible. “I don’t think we should vilify the oil and gas industry,” Elon Musk said while speaking about climate change during his two-hour conversation with former president Donald Trump last […]