Trump says global warming is a scam and a hoax. He promises to cut federal funding for green programs and to ramp up fracking and drilling. He can certainly do the former, but business controls drilling and fracking, and the price of oil is dictated by international supply and demand, not the whims of the […]
Just some economic analysis about good economic growth in the month of November 2024. Something the public seemed to have missed along the way. 2023 and 2024 appears to have had good growth even with high Fed rates. See chart below. Commerce Data Show Strong Economic Gains Due to Americans Making and Spending More November […]
US Citizens awaken to their new world. Prof. Heather Cox Richardson at “Letters from an American” has a good take on what is taking place three days after the 2024 Election. She states people are beginning to realize what will take place once a Trump presidency and a mostly Republican Congress begins to implement the […]
Posted on behalf of the author, RC Weakley: At this point hysteresis is all that is holding the US dollar as the global reserve currency. That has been the case since Nixon. What we have done since then has only dug us into a deeper hole when events finally happen that will throw the dirt […]
– by New Deal democrat This is not a formal post about Tuesday’s election. But with the benefit of “revealed preference” a/k/a 20/20 hindsight, it’s pretty clear that the Fed rate hikes were an important part of why Kamala Harris and the Democrats failed. Because we may or may not be experiencing a “soft landing” […]
In 2020, I enrolled in the Moderna clinical trial of their mRNA vaccine. I got the first jab in August 2020, and it turns out I was in the vaccine arm of the trial, not the placebo arm. I’ve now had seven vaccinations, as the vaccine has been updated. I contracted COVID once. Of course, […]
Three days after the election Voters for Trump are finding out what they voted for and how it impacts them. November 8, 2024 – by Heather Cox Richardson Letters from an American Social media has been flooded today with stories of Trump voters who are shocked to learn that tariffs will raise consumer prices as […]
Renewables 2023 – Analysis – IEA 2023 saw a step change in renewables capacity additions, driven by China’s solar PV market. Achieving the COP28 target of tripling global renewable capacity by 2030 will hinge on policy implementation. Summary: I have read through this several times now. It is difficult to pull together all the detail […]
– by New Deal democrat Initial jobless claims continued their return to normalcy this week, as they increased 3,000 to 221,000. The four week moving average declined -9,750 to 227,250, which is tied for the lowest number except for two weeks in five months. Continuing claims, with the typical one week delay, rose 39,000 to […]
US consumers keep economy on solid ground ahead of election – By Lucia Mutikani Reuters WASHINGTON, Oct 30 (Reuters) – The U.S. economy grew solidly in the third quarter. Consumer spending increasing at its fastest pace in 1-1/2 years and inflation slowing sharply, continuing to defy forecasts of a recession, and outperforming its global peers ahead […]