Relevant and even prescient commentary on news, politics and the economy.

Establishment Jobs survey weak and Household Jobs survey almost recessionary

July jobs report: Establishment survey weak (but still positive), Household survey (even more) recessionary  – by New Deal democrat In the past few months, my focus has been on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration is ongoing. In the last several months I have also […]

The Truth Social poll and Trump’s market value

While I do check in from time to time at 538, it turns out that Truth Social share prices are a useful metric for Trump’s popularity, at least where it matters: “The value of Trump’s stake in the corporate owner of Truth Social has dropped by $900 million since Vice President Kamala Harris entered the […]

Jobless claims increase, no longer positive and neutral

Jobless claims increase; no longer positive but neutral (and likely still affected by unresolved seasonality)  – by New Deal democrat I’m still on the road, so this will be an abbreviated report. Initial claims rose 14,000 to 249,000, the highest since last August. The four week moving average rose 2,500 to 238,000, the highest since […]

Can you reduce your risk of dementia?

Dementia is becoming a growing societal burden throughout the world, especially in the industrialized world where increase longevity results in larger numbers of people experiencing dementia. So far, advances in medical treatments to mitigate this burden have been modest, at best. There are known genetic risk factors for Alzheimers and frontotemporal lobe dementia. I’ve had […]

He’s a Racist

by Joyce Vance Civil Discourse  By now you’ve probably seen clips from the interview Donald Trump gave on stage at the National Association of Black Journalists conference in Chicago today. It was appalling. The only thing worse than the overt racism that came out of his mouth was his apparent belief that he could get […]

July 31, 2024 Trump’s Melt Down

by Prof. Heather Cox-Richardson Letters from an American Yesterday, from a Harris campaign event in Atlanta, Georgia, Atlanta reporter Tariro Mzezewa noted that the crowd of 10,000 people “was ecstatic. There was chanting, cheering, singing, and dancing for hours in the lead-up to and throughout the event,” Mzezewa wrote today in Slate.  Mzezewa reported that rapper […]

Commentaries by Two of My Fav Writers

Two interesting commentaries up next. One by Prof. Heather Cox-Richardson (Letters from an American) and the other from Joyce Vance (Civil Discourse). I read them both after I read the commentaries from our own writers. The topic by both should not be surprising. Both are discussing Trumps breakdown when asked questions about his beliefs on […]

Fed thinks It Might Cut its Benchmark Lending Rate This Year . . . Maybe

Washington CNN  Someone is hopeful a small decrease in the Fed Rate will impact the economy (housing, etc.) greatly. While it is a positive move over the next 6 or so months (just kidding), I can not see shall a huge decline in rates forthcoming after a decrease. We still have a ways to go. […]