Coronavirus dashboard for April 26: reasons for optimism all around Let’s start with an overview of total cases and deaths in the US: 1.7 in every 1,000 Americans has died of COVID-19. 9.7% of the entire population has had a *confirmed* infection. Probably another 5% to 10% have been infected, but were never tested.
More new pandemic lows in jobless claims: April jobs report likely to show over 1,000,000 new jobs added Repeating my recent top-line mantra, new jobless claims are likely to the most important weekly economic data for the next 3 to 6 months. With the number of those vaccinated continuing to increase, I expect an ongoing […]
“The fish stick is the bane of school children who consider it to be a bland, over cooked, breaded – crusted, cardboard tasting, fish-less effort of lunchrooms and mothers to deceive them into consuming more protein.” In the 1920s, entrepreneur Clarence Birdseye developed a novel freezing technique. Food was placed between metal plates which froze […]
and imports of distillates at a 26 week low.. Commenter R.J.S. Oil prices moved lower this week on rising Covid cases globally and on a surprise increase in US crude supplies . . . after rising 6.1% to $63.13 a barrel last week on strong economic data and on upwardly revised demand forecasts, the contract […]
New and existing home sales vs. inventory I have a full plate in, you know, actual life today, so let me just drop this note here while we’re waiting for new home sales to be reported. I’ll update later when I have a chance. The evidence is crystal clear that, as to new homes (which […]
A bit of Tom Sullivan @ Hullabaloo this day. Democrat Moe Davis lost the race last fall for the congressional seat in NC-11 to Republican Madison Cawthorn. The seat was left open when Rep. Mark Meadows vacated it to fumble around for the Trump White House. Moe Davis tweeted this morning in response to a […]
-by New Deal democrat Weekly Indicators for April 19 – 23 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. I feel like a broken record . . . With pedal-to-the-metal fiscal and monetary stimulus, plus the opening up of pent-up demand with a large pool of vaccinated people, the economy is on […]
The US may have crossed an important vaccination threshold On Monday I noted that in Chile, where there had been a severe renewed outbreak of coronavirus despite an aggressive vaccination program, cases had plateaued, and this had occurred “when over 35% of the population had received at least one dose of vaccine, and 20% were fully […]
These past few decades have been witness to great change. It is hard to imagine that the Covid Pandemic will not increase this rate of change; that the pace of change will be slowing down anytime soon. Looking back, the advent of the microprocessor and all that followed changed the world forever. Looking forward, the […]