This is going to be interesting. Iran has another route in which to secure supplies, food, ammunition. An ocean/sea/straits can do little (none) to blockade an overland route by rail. From what I have read, it appears China has electrified the route. Electricity powered trains would be more efficient smf ;ess endangered by the US, […]
– by New Deal democrat As I reiterated the other day, housing is the one long leading signal of the economy that has been soundly negative – indeed frankly recessionary – for the past year. That trend continued in March, although there are signs of it bottoming out. Without having caused a recession. Let me start […]
Craig Venter died yesterday at the age of 79. As a grad student, I wondered whether it would be possible to sequence the human genome. As a postdoc, I did both Maxam and Gilbert sequencing and Sanger sequencing (first with E coli Klenow fragment, then reverse transcriptase) a couple hundred nucleotides per reaction, each reaction […]
– by New Deal democrat There was some important housing data this morning; but first I wanted to drop a brief note on the advance report on manufacturing that also was released, because it is yet more confirmation of the (surprising) strong positive trend in that sector. This report covered March, so included the first […]
Sometimes, you can get the best deals when the economy is not so good. However, you may end up with a higher mortgage rate. One years we purchase a home In Schaumberg, Il for a good price and ended up with a 12% mortgage due to the economy. Since my wife’s mother was living with […]
Not sure why. They are building in Arizona. I would think Arizona would be one of the last places to build a data center as water is not abundant, There are water issues here. Surface water is drying up. It’s no secret Arizona is worrying about its water. The Colorado River is drying up, in part due […]
I’m not enough of a scholar of international affairs to possess a highly differentiated opinion on Taiwan. Superficially, a PRC invasion of Taiwan seems analogous to the Russian invasion of Ukraine: the PRC brands Taiwan as a renegade state, just as Putin brands Ukraine as “little Russia.” The historical antecedents are very different, and the […]
– by New Deal democrat Three housing metrics have been reported between yesterday and today. Yesterday Apartment List updated their National Rent Report, and today the two national repeat home sales indexes, from the FHFA and Case-Shiller, were updated through February. To cut to the chase, all three confirm that housing prices have ceased being an […]
A rundown of the politics and the economy . . . April 28, 2026 Letters from an American Prof. Heather Cox Richardson There is a frenzied feeling to the news coming from the White House these days. Yesterday, the administration tried to blame Democrats and the media for the incident at the White House Correspondents’ […]
With Trump messing around with the Middle East, the United States is experiencing higher oil and gasoline pricing. I believe the US is still blocking the Strait of Hormuz. The US and world economy is suffering due to Trump. “Oil Giants’ Profits Soar as Trump’s Iran War Estimated to Deliver $1 Trillion Hit to World […]