It appears Trump will get his Mediterranean vacation site where only the rich can be. Israel blows up Gaza’s only specialized cancer hospital in massive blast. Israel-Palestine conflict News, Al Jazeera Israel has blown up Gaza’s only specialized cancer treatment hospital, as well as an adjacent medical school, drawing condemnation for again targeting a medical […]
This is a brief Raw Story clip about Ukraine and Europe. Authenticity? I am not sure. As far as the characters in this clip, Zelinsky has much to lose and the other two (Trump and Putin) will offer up Ukraine with Putin having much to gain. Russians in Ukraine are transplants. Real estate attorney, property […]
– by New Deal democrat My “Weekly Indicators” post is up at “Seeking Alpha.” The biggest change this week, as I wrote yesterday, was the sharp decline in two of the regions Feds’ new orders indexes. But, also as indicated, consumer spending remains strong – at least so far. As usual, clicking over and reading will bring […]
In 2022 then President Joe Biden invoked the Defense Production Act to increase critical minerals output or production. We find President Donald Trump doing similar in 2025. Both efforts were to reduce reliance on countries outside of the United States. Trump Invokes Wartime Powers to Boost U.S. Critical Minerals Output, OilPrice.com President Donald Trump invoked […]
In two months of being in office, Trump has managed to terrorize the Federal government and place it into total chaos. Of course, this is with the help of Elon Musk who suffers from autism spectrum disorder. He definitely displays some of the issues associated with this disorder. It is interesting to watch the two […]
Looks like DOGE is proving quite efficient at destroying government revenue sources. From Josh Marshall over at TPM: “The Post reports today that the IRS’s internal projections estimate that the DOGE-driven disruptions to the IRS since the inauguration are on track to have reduced tax receipts by more than $500 billion by April 15th. This, […]
How Can that Be? It must really bother Trump to know this. And for the US, Trump’s posturing will make the United States Economy even smaller. Is the Sleeping Giant Awakening? Paul Krugman Travel day; in fact, filing from the airport lounge. And I can’t really say that I learned a lot — no conversations […]
– by New Deal democrat No significant new economic news today, so let me follow up on Wednesday’s post about production and sales. The high frequency indicator I follow on the manufacturing side is the new orders components of the manufacturing indexes published each month by five of the regional Feds. As I wrote Wednesday, these […]
The FED slashes its growth rate for 2025 from 2% to 1.7%. I suspect they are hopelessly being optimistic unless they are thinking someone will finally come to their senses. Mabe? I think not. One far out assumption I read earlier this week was Trump attempting to crash the economy and then turn it around […]
More detail on the drivers of inflation. The first two charts are touch charts. You can get a better view of the size of the segment and the rate at the site itself. As you can see, housing transportation and food were the larger components. At various times one would be larger than the other. […]