– 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 […]
Sentenced – by Joyce Vance Civil Discourse And just like that, what was once thought to be impossible happened. Donald Trump was sentenced on the 34 counts of conviction against him in Manhattan. There were no surprises. Trump did not demonstrate remorse like many defendants do at this point. He didn’t apologize for the harm […]
‘Beyond nuts’: MAGA billionaire’s ‘doozy’ Financial Times editorial draws instant mockery There are ~ 800 billionaires in the US, twice than what exists in China. The latter of which I think is odd. Apparently, billionaires are given great latitude, going as far as saying ridiculous things. Peter Thiel shows his oddity. Is the media that […]
An archetypal first world problem is that we sites have (all?) decided to add two factor authentication (as the earlier first world problem of requiring irritating passwords with capital letters and special! symbols doesn’t work well enough anymore). This didn’t use to be a problem when they offered to send the 6-digit one time code […]
This is rich and can not get much worse in BS spewing forth by political interests. Fox News Host Claps Back at Conservatives’ Controversial Claims About Cause of California Fires, Parade As conspiracy theories about the origins of the Los Angeles fires continue to spread, Fox News host Jessica Tarlov slammed her colleagues on The Five over their claims that […]
– 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 […]
A Facebook friend just posted this: “So wildfires and the threat of wildfires is a part of our lives. Our homeowner’s insurance company, American National Property and Casualty (ANPAC) has notified us they are pulling out of New Mexico because their claims (especially fire claims) are higher than their reserves and they can’t cover the […]