Scenes from the last employment report of Joe Biden’s Presidency – by New Deal democrat Friday’s jobs report was an excellent one for Joe Biden’s Presidential term to end on. In the past 4 years, 17 million jobs have been created. Even if we take out 2021 as being a COVID rebound year, in the […]
– by Bill McBride CalculatedRisk Likely Sales up Year-over-year for 3rd Consecutive Month NOTE: The tables for active listings, new listings and closed sales all include a comparison to December 2019 for each local market (some 2019 data is not available). This is the second look at several early reporting local markets in December. I’m […]
“Forty broken promises” from his 2016 tour of duty as the President plus three more over the next four years which will fall by the wayside too. Already learning about the recent promises which can not be kept or would result in worst conditions. What promises did h make and then backed away from after […]
This post is mostly an effort to summarize this interesting but long article in The Washington Post. The TL TL/DR summary of the article is: archaea bacteria in rumens (one of the stomachs of cattle) produce methane which is a major contributor to global warming. Genetic modification of competing bacteria called duedenibacillus (which does not […]
Most of the media finger-pointing by Trump and his cult has been about sullying Gavin Newsom as a presidential candidate in 2028. Trump and Fox don’t actually care about the reason for the fires (anthropogenic climate change) or how to mitigate the consequences. Over at jabberwocking.com, Kevin Drum has a long but excellent summary of […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The big changes this week were the sharp increases in long term interest rates, along with similarly sharp increases in commodity prices and the US$. Some of this is due to a feeling that the economy is running “hotter” than recently thought, […]
Summations: “Real gross domestic product (GDP): increased at an annual rate of 3.1 percent in the third quarter of 2024, according to the ‘third’ estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.0 percent. Compared to the second quarter, the acceleration in real GDP in the third […]
Today the Department of Labor released the final jobs report of Joe Biden’s presidency. The nation added 256,000 new jobs in December, a number significantly higher than economists expected. That brings the total number of jobs created under Biden to 16.6 million and makes Biden’s the only administration in history to have created jobs every […]
All around the world, we are seeing heightened uneasiness; stress on governments, economies, and societies. What’s going on? A lot has changed these past few decades, some of which we know of, possibly understand a little. There may be others we are not yet aware of. We are learning more about global warming (a.k.a, climate […]
– by New Deal democrat My theme for the past several years as to employment has been “deceleration,” as in a gradual cooldown from white hot to red hot to hot to warm. But at some point past “warm,” we get to lukewarm, and then cool, and then chilly. In other words, if it continues […]