Yellen And Akerlof Or Akerlof and Yellen? I have already posted about the nomination of Janet Yellen to be Treasury Secretary, a historic first and most duly deserved. She is great and totally appropriate, and I have already bloviated at length on that. I am now going to discuss a more obscure and odd matter, […]
by New Deal democrat First look at the 2021 economy: housing As I’ve pointed out for years, housing is a long leading indicator. It can give us a decent read on the direction of the overall economy 12 to 18 months out. So the strength in the housing market in the past 6 months has […]
November data starts out strong with a very positive ISM manufacturing index The first November data point, the ISM manufacturing index, was reported this morning, and while it declined from last month, it remained very strongly positive. The overall index declined from 59.3 to 57.5, and the more forward-looking new orders index declined from 67.9 […]
Coronavirus dashboard for November 3 Total US confirmed infections: 13,383,320* Average US infections last 7 days: 162,365 (vs. latest low of 34,354 on Sept 12) Total US deaths: 266,873 Average US deaths last 7 days: 1,430 (vs. latest low of 701 on Oct 16) *I suspect the real number is 18-19,000,000, or between 5 to […]
by New Deal democrat Weekly Indicators for November 23 – 27 at Seeking Alpha A little later than usual, my Weekly Indicators post is up at Seeking Alpha. While there has been no big deterioration, there are further slight signs that the out of control pandemic is taking a toll on the recovery that has been […]
Unprecedented It occurs to me that our current president has engaged in a rather large number of actions that are unprecedented by any other president, as well as some only rarely happening and not for a long time, many of which for nearly all other politicians would make them viewed as simply unacceptable for being […]
South Dakota: the Land of the Free. Celebrate what makes America great, and experience the Great Faces and Great Places of South Dakota. This is a bit of old news from September. Both South and North Dakota have emerged as the nations hot spots for Covid infections even though sparsely populated per square mile and […]
Arkansas is the only state where landlords can file criminal charges rather than civil complaints against tenants for falling behind on rent. Gee, whata surprise! As picked up from Crooks and Liars and originally reported by ProPublica – When Falling Behind on Rent Leads to Jail Time, ProPublica. An Arkansas prosecutor has been fired after […]
I get commentary (in my emails) from xpostfactoid who writes on healthcare issues and also does a yeoman’s function not found elsewhere in reconciling ACA signups, the differences between the penalty-mandate vs no penalty-mandate, Medicaid signups by state in both expansion and non-expansion states, and lately the impact on Medicaid due to the Covid-19 pandemic. […]