Jobs Report Not Really All That Surprising I am a bit taken aback at how shocked so many are about the new jobs report showing that net hiring in May was positive. For regular readers here I have made several posts here noting that the US economy was almost certainly growing, probably for at least […]
by New Deal democrat Weekly Indicators for June 1 – 5 at Seeking Alpha My Weekly indicators post is up at Seeking Alpha. The interest rate-sensitive long leading indicators largely turned positive as soon as the coronavirus crisis hit. As lockdowns have eased, several of the short leading indicators have also now turned – or at […]
Global Oil Demand Rises Back on April 20 we saw briefly the bizarre appearance of negative oil prices in certain markets. Today for the first time in many months Brent crude briefly topped $40 per barrel, although it fell back below that level (WTI is tending to be about $3 behind it, despite a single […]
The 2.5 million employment gain does not look too impressive from this perspective.
“Ryan is looking down right now, and you know that, and he is very happy, because I think he just broke a record.” “Hopefully George is looking down right now and saying this is a great thing that’s happening for our country,” Trump’s cynical invoking of George Floyd yesterday has a history that explains what […]
I saw the first pic on Hullabaloo and I pulled a second pick from Google. The first pic looks remarkedly like General Flynn. Digsby has an article up called “More of this, please” from where the first picture came of a protestor to Trump’s visit to Maine. The look-a-like Flynn is protesting Trump’s visit to […]
In 1972, Professor and Psychologist Walter Mischel at Stanford University set into play a study on delayed gratification using children. A child was offered a choice between one immediate reward or two small rewards if they waited for a period of time. During this time after the announcement of a reward, the researcher left the […]
If only it were so simple by Ken Melvin The covid-19 pandemic has been difficult to get a handle on; so much unknown, everyday so much new info. It will probably take years for the world to fully to understand all that the 2020 covid-19 pandemic entailed. The George Floyd protests are all too familiar. […]
From Cato: 79% of Americans support having outside law enforcement agencies investigate police misconduct, rather than leave it to the department to handle. It may surprise some readers to learn that most jurisdictions in the U.S. allow police departments to investigate and discipline their own officers. Instead, most Americans think having some outside oversight could […]