Listen to the first 5 minutes and you get a clue as to what Brett Kavanaugh confirmation hearings may be like as told by Robin Williams. Maybe in The Fisher King there is a hint of his being ill.
Just Some Robin Williams 1991 Johnny Carson
Pew Charitable Trust confirms the “rental (and ownership) affordability crisis”
Pew Charitable Trust confirms the “rental (and ownership) affordability crisis” In case you thought I was talking through my hat about the general lack of affordability of all types of housing, including both owning and renting, the Pew Charitable Trust has also stepped up with a nearly identical analysis. Go read the whole thing, but here are […]
Saudi ARAMCO IPO Definitely Cancelled
Saudi ARAMCO IPO Definitely Cancelled Reuters reports that the proposed IPO by Saudi ARAMCO, which would have been the world’s largest, has definitely been canceled. I have posted previously posted about delays in the IPO and rumors it would be cancelled. Now it has been. The reports say that there were multiple factors. There were […]
The Nastiest Motives of Nasty People
“Economists are active militants against the concept of the lump of labor, that is, the popular idea that the total number of jobs or of working hours is fixed (Walker, 2007).” The quote is the first line from a 2017 paper by Tito Boeri, et al. It gives me confidence that at least some of […]
Can the Fed successfully steer between Scylla and Charybdis? An update
Can the Fed successfully steer between Scylla and Charybdis? An update As I type this, the spread between 2 year and 10 year Treasuries is back to 0.25%, the level below which I switch my rating on the yield curve from positive to neutral. Already the spread is tight enough that, even if it never […]
A graph for Sunday: 2012 Obama voters by 2016 vote
(Dan here…a little late posting,,,my fault) A graph for Sunday: 2012 Obama voters by 2016 vote – by New Deal democrat This is a graph I’ve been meaning to comment on, that I saw on Vox.com a couple of weeks ago. It breaks down Obama voters from 2012 based on who they voted for in […]
Weekly Indicators for August 13 – 17 at Seeking Alpha
Weekly Indicators for August 13 – 17 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There were 4 long leading indicators that were on the cusp of changing. To see what happened, please put a penny or two in my pocket by heading on over and reading!
Totally Twitty Fiskin of Antoine Levy
(Dan here…lifted from Roberts Stochastic Thoughts) Totally Twitty Fiskin of Antoine Levy Antoine Levy has some ideas about how the European Central Bank could help uncompetitive economies on the European perifery. I would like to read it and decide if he has good ideas. Unfortunately, to do so, I have to sfogare (let off steam) […]