RJS, Focus on Fracking Summary: Strategic Petroleum Reserve at a 34 year low, US oil supplies at a 17 year low, total oil + products inventories at a 13½ year low The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending May 13th indicated that after a jump in […]
I stole this comment from a place from I read on a regular basis. An Incredible commentary. Having grown up in that era, I felt it had merit and believe the commenter gets it right. The programs mentioned here are under attack by Republicans. SCOTUS is using nondelegation as the basis to dismantle programs. Congress […]
– by New Deal democrat Weekly Indicators for May 16 – 20 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The yield curve tightened some more this week (but did not invert). Meanwhile, I am seeing a fair amount of commentary suggesting that a recession is imminent. This is jumping the gun, and […]
“Will baby boomers unretire?” (beckershospitalreview.com), Molly Gamble, Becker’s Hospital Review Me: I am seeing this phenomenon happening quite a bit myself with multiple inquiries on job status. Millions of older Americans have returned to work in recent months, with nearly 64 percent of adults between ages 55 and 64 working in April. Essentially this is […]
Coronavirus dashboard for May 20: signs of a peak in BA.2.12.1 in bellwether jurisdictions; is BA.4/BA.5 next? With no significant economic data today, let’s take a look at where the BA.2.12.1 COVID wave is. Nationwide cases (thin line below) have increased about 3.5x from their bottom of roughly 26,700 five weeks ago, to just over […]
As is typical, Charles Gaba at ACA Signups.net has the answers to the question. Charles does a lot more of this type of analysis such as the Healthcare’s Three – Legged Stool, ACA Enrollment, Risk Pools, etc. All three of these are at Angry Bear. I am not sure why Michigan state and federal legislators […]
“Until we are done with the ironies of history (because they will never be done with us), the image of Trotsky will not dissipate.”~Christopher Hitchens I’ve had a lifelong fascination with socialism, communism and the Cold War. This probably springs from having grown up during the Cold War at nuclear ground zero for World War […]
Let’s check back in on the authoritarian hell hole of Australia. Donald Boudreaux is still tirelessly working to educate people about the dangers of lockdowns and the wisdom of the Great Barrington Declaration strategy of “focused protection”. Today he quotes this paragraph from an essay by Gigi Foster posted at – hold your breath! – […]
Initial claims: a little cooling in the white hot employment market Initial jobless claims rose 21,000 to 218,000, continuing above the recent 50+ year low of 166,000 set in March. The 4 week average also rose by 8,250 to 199,500, compared with the all-time low of 170,500 set six weeks ago. On the other hand, […]
May 19, 2022 – by Heather Cox Richardson (substack.com), “Letters from An American“ Today, the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol sent a letter to Representative Barry Loudermilk (R-GA), asking for his voluntary cooperation in their investigation. The committee members believe he has “information regarding a tour you […]