Relevant and even prescient commentary on news, politics and the economy.

Flawed Construction of NYC Tower

An article by Lloyd Alter about the problematic construction of a tall building (NYC) that flexes and bends in the wind. The result of which are cracks in the in the exterior surface of the building which is also load bearing. Too costly for me to live there and I probably would not even if […]

An Ongoing War by this Administration against Knowledge manifested by the higher education community, medical, and scientific research

Scenes from the very tardy September jobs report  – by New Deal democrat An opening comment: it is an abomination that the US government treated its statistical agencies as doing expendable work. Thus, after over 85 years of continuity, there will never be an unemployment rate, nor a consumer inflation reading, for October. Which means we […]

Just Some Notes on Ukraine

Zelensky wrote on social media: ‘It’s important to not forget the main goal, to stop the Russian war and prevent it from breaking out again in the future. ‘That’s why we’re so carefully working on every point, on every step toward peace.‘ Trump had given Ukraine a Thursday deadline to respond to the proposal, which would require […]

Tru_p Skips Global COP Summits

How some of the world looks at the United States and its leadership . . . “Trump says US to skip G20 summit in South Africa,” Nikkei Asia. And the reasoning? “No U.S. government official would attend the Group of 20 summit in South Africa later this month, because of what he said were “human […]

NVIDIA replaced ENRON on the S&P 500 in 2001

From the Los Angeles Times, November 30, 2001: “Enron, which had been a component of the S&P; 500, was removed at the end of trading Thursday and replaced by Nvidia Corp., a Santa Clara, Calif.-based maker of computer-graphics chips. As index funds sold Enron and bought Nvidia, Nvidia jumped $2.25 to $53.61 on Nasdaq.” Blowout […]

October existing home sales, prices, and inventory continue to show slow progress towards rebalancing

– by New Deal democrat Although the government shutdown is over, most data points – including all having to do with housing – have not been updated, which means that alternate data sources, including the NAR’s existing home sales report, have temporarily become our best look at the housing market.  As per my context all this […]

Global Warming and Climate Change

Interesting topic. I believe many of us could learn a bit more about the impact we have on our environment. The COP30 climate conference was held this year. This is where world leaders try to hammer out solutions to the growing climate crisis. This year the U.S. also boycotted that gathering. Tru_p is all in […]

“Fossil Fuel Producers and Green Energy Advocates”

“Global Battle Royale at COP30 between Fossil Fuel Producers and Green Energy Advocates,” Informed Comment – Juan Cole Ann Arbor (Informed Comment) . . . Fiona Harvey at The Guardian reports from the COP30 climate conference that a bloc comprising such countries as India, China, Saudi Arabia, Iran, Egypt and Bolivia (under its new right-wing President Rodrigo […]