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

Meanwhile…climate change

(Dan here…I know its long, broad, … but I think it says somethings that need be said.  Another look??) by reader Ken Melvin The Anthropocene and Global Warming Anthropocene: geological epoch dating from the commencement of significant human impact on Earth’s geology and ecosystems. Someday, anthropologists and historians will look again at the possible causes […]

Abbreviated coronavirus dashboard for April 18…In no way is the US ready to “open up” at all.

Abbreviated coronavirus dashboard for April 18 Here is the update through yesterday (April 17) There are some extended comments I want to make about the pandemic, and some graphs comparing States, etc., that are best done separately, so this will be an abbreviated update. Here are yesterday’s numbers. Number and rate of increase of Reported […]

Weekly Indicators for April 13 – 17 at Seeking Alpha

by New Deal democrat Weekly Indicators for April 13 – 17 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The final dominoes among the coincident indicators fell this past week. In the “real economy,” the impact of the coronavirus pandemic is fully priced in. In the stock market . . . I’m […]

What the Index of Leading Indicators tells us about the 2020 Presidential election

What the Index of Leading Indicators tells us about the 2020 Presidential election One of the better econometric models that I made use of back in 2016 was that by Prof. Robert S. Erickson of Columbia University and Prof. Christopher Wlezien of the University of Texas at Austria, entitled “Forecasting the Presidential Vote with leading economic […]

What is the Real Prevalence of Coronavirus Across States?

Reposted from Brad DeLong’s Grasping Reality: What is the Real Prevalence of Coronavirus Across States? Click on the image to enlarge Tests per million times cases per test gives you confirmed cases per million. But we want true cases per million. Tests per million are different across states because (a) the states are undertaking testing with different […]

Two Cheers for the FDA

Only two because the FDA did play an important role in the US Covid 19 testing fiasco. the first cheer is for extreme speed in approving phase 1 trials of candidate vaccines (vaccine in a person within 2 months of publication of the Sars Cov2 sequence) and phase III trials of Remdesivir (results leaking already) […]

Premature Hydroxychloroquine After Action Report

The action sure isn’t over. The armies are still on the field, but I fear the outcome is no longer in doubt and hydroxychloroquine will lose this battle. There are two good studies which show almost exactly no benefit of hydroxychloroquine. They are reveiewed here. Basically the only benefit detected is as a nonspecific anti-inflamatory. […]

Corporate Bond Spreads and the Pandemic

Corporate Bond Spreads and the Pandemic The St. Louis FED has an economics blog: The ongoing COVID-19 pandemic has caused significant disruption in economic activity across the globe. Financial markets, in particular, have experienced surges in volatility that had not been seen since the 2007-09 financial crisis … The figure below plots the median value for […]

hydroxychloroquine and Remdesivir Update

I have repeatedly argued that, based on in vitro evidence, hydroxychloroquine should be prescribed while we wait for the results of clinical trials. Such results were just published. They are very disappointing. The link is to an LA Times Article: latimes.com 2020-04-17 malaria-drugs-fails-to-help-coronavirus-patients-in-controlled-studies On the other hand Early peek at data on Gilead coronavirus drug […]