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

Wrong Side of the Escalator

“We’re Running Up the Wrong Side of the Escalator” | MedPage Today, Shikha Jain, MD, March 23, 2022 It is Women’s History Month in March and something I fatally did not know until this morning when I pulled this article up in my inbox. My daughter is a teaching nurse in Colorado and has run […]

An update on the yield curve

An update on the yield curve This is an update on my yield curve post from earlier this week.As had happened in the previous few days, the 3 to 5 year Treasury yield spread, which was inverted intraday, un-inverted by the close of the trading day. Here is what the US Treasury yield curve looked […]

On Ukraine, tough talk is not cheap

Biden has done a pretty good job managing the world reaction to the Russian war of aggression against Ukraine.  But speaking in Poland, Biden declared that Putin cannot remain in power.  This comes on top of his earlier declaration that Putin is a war criminal.  From WAPO: White House officials were adamant the remark was […]

Those Who Pander

Ever since maybe five hundred years before this current era, maybe even before then, demagogues, in their quest for power, have appealed to ignorance and the lowest common denominator while belittling reason and rational thinking. Of late, any listing of such should include Huey Long, George Wallace, Richard Nixon, Ronald Reagan, most if not all […]

Healthcare Reads and News

The not – so – latest healthcare articles to arrive in my inbox. Pay attention to the xpostfactoid piece. What Andrew is detailing is there is assistance in getting better plans offering lower cost as defined by President Joe Biden’s Rescue Plan. People are not taking advantage of those discounts for lower cost healthcare insurance. […]

Bedfellows

To be very clear; there is no chance (as in zero, nada, ganz sicher nicht, rien, none) that NATO will invade Russia. Never was. There is no chance that the United States would ever invade Russia (everyone knows we only invade much smaller countries). No one knows the both better than Vladimir Putin. The fear […]

Friday Update: Warehouse What? Protein Inflation, Tanks and Wheat

We’re headed into a busy planting week as we get phase whatever into the ground and more stuff started. At some point we will build caterpillar tunnels to shield crop from extreme August heat, and winter frost, but we plan to plant year round as best we can. A few things happening in the ag […]

The housing market’s downward turn begins

The housing market’s downward turn begins: new home sales in February, plus a comment about affordability As of this morning Mortgage News Daily shows the 30 year mortgage rate up to 4.72%, 1.9% higher than their lows 15 months ago, and the highest in four years. That means the housing market is in some serious […]

Keisha Russell Must be Censured for her Plagiarized Senate Testimony

Keisha Russell Must be Censured for her Plagiarized Senate Testimony Every sensible man, every honorable man, must hold the Christian sect in horror. — Voltaire Keisha Russell is a propagandist for the “First Liberty Institute” who they grace with the title of “counsel.” It looks from her resume that the counsel she provides consists of […]