A “quick and dirty” update: the employment is historically very weak – by New Deal democrat There’s no significant economic reports today, and even most of the high frequency indicators won’t start coming in for the week until tomorrow, so let me go a little more in depth in what the “quick and dirty” forecasting model […]
If I were Matt Taibbi’s prof, I’d give him a C for his article. He did some research on endowments, but he gives no useful context. Whatever Rupert Murdoch’s New York Post paid him, it was too much. The Trump Administration wants to use taxes on endowments to subsidize tax cuts to the 1% who […]
Economy is cooling from its above-trend pace, but the labor market remains healthy, and a manufacturing recovery is underway A brief and general review of the investing market by Edward Jones. The Conference Board’s Leading Economic Index (LEI) — which provides an early indication of significant turning points in the business cycle as well as […]
Plastics Targeted by Retaliatory EU Tariffs Sixty US plastics resin and product exports to the EU could be hit as a countermeasure to US tariffs on steel and aluminum. Sixty plastic products exported by the US could be hit with retaliatory tariffs by the European Union (EU), analysis by the Plastics Industry Association (PLASTICS) reveals. […]
America’s colleges are hoarding billions, Matt Taibbi New York Post Of Colleges and Universities A short trip on the JHU site later I found myself at the Johns Hopkins Public Interest Investment Committee annual report, published in January. There, I learned that “as of June 2024, JHU’s endowment comprised more than 4,700 funds, each supporting […]
Earlier, it was a dramatic cut in indirect costs on all federal grants and outright cancellation of some grants. Now, congressional Republicans are mulling a steep tax on university endowments. “Republicans are considering increases to the university endowment tax to help reduce the national deficit and as a potential lever to force universities to comply […]
Trump says “tariff” is a beautiful word. Maybe for him, but not for American companies and consumers. “Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed to hearing: No. “Trump has slapped […]
I got my genome sequenced several years ago by Veritas Genetics. They were running a special for whole genome sequencing at 30-50x coverage for $200, and for an extra $100, I got my variant call file. For a molecular geneticist, this was a dream come true! Now, anytime I see a variant reported as linked […]
Fascist Europe experienced a brain drain in the run-up to WWII. Among the European refugees who worked on the Manhattan project were Hans Bethe, Rose Bethe, Felix Bloch, S.H. Bohine, Niels Bohr, Hans Courant, Albert Einstein, Enrico Fermi, Leo Szilard and Edward Teller. Prizing ideology over intellect ended up being a loss for fascism and […]
I have no idea what planet these people are from that they would say the things they. Supposedly, Commerce Secretary Howard Lutnick is worth $4 billion. He is not worried where his money is going to come from tomorrow or the next week, month or year. His grandmother (he uses her as an example) has nothing […]