A wee unpacking of unemployment data to show how Fed rate cut cheerleaders are still ahead of themselves
Recent Items
Saturday, October 5, 2024
Remember Headlines 2 Weeks Ago, Labor Market “Suddenly” Weakens as Unemployment Claims “Spike”: It Just Got Unwound
Topics: Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Media watch, The destruction of the middle class
Posted by Yves Smith at 3:38 am | 14 Comments »
U.S. Remains Painfully Dependent on China for Silicon and Solar Panels
Yet another own goal in the US economic war against China. We chose to make ourselves dependent and don’t like where we are.
Topics: China, Economic fundamentals, Energy markets, Environment, Global warming, Globalization, Guest Post, Politics
Posted by Yves Smith at 2:58 am | 40 Comments »
2:00PM Water Cooler 5/24/2024
~ Today’s Water Cooler: Politics, syndemics, the Bragg trial winds down. imperceptible skin sensors, Hokusai’s Great Wave ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 109 Comments »
Links 5/24/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 184 Comments »
SouthCom Commander Laura Richardson Just Described “Plan Colombia” As A Success, A Model for the Region
Even the US House of Representatives Foreign Affairs Committee has admitted that Plan Colombia was a resounding failure from a counter-narcotics perspective while providing short-term benefits from a counter-insurgency perspective
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 18 Comments »
National Grid Wants to Heat More Homes With Converted Food Waste — and Make You Pay For It
National Grid’s biogas plant is performing poorly, as shown by downtimes and methane flaring, yet it wants more consumer subsidies to expand.
Topics: Energy markets, Environment, Global warming, Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 5:28 am | 16 Comments »
Michael Hudson: Some Myths Regarding the Genesis of Enterprise
“Modern” elements of enterprise were present in Mesopotamia in the third millennium BC and the institutions supported long-term growth
Topics: Currencies, Free markets and their discontents, Guest Post, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 4:19 am | 21 Comments »
2:00PM Water Cooler 5/23/2024
~ Today’s Water Cooler: Politics, Pandemics; can the Democrats allow Trump to take office, White House issues corrections, Marijuana policy (“and boogie they will”) ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 104 Comments »
Masks Work, Our Comprehensive Review Has Found
Finally, a rigorous study on mask use shows definitively that masks do indeed work, as in reduce transmission of respiratory diseases.
Topics: Guest Post, Health care, Pandemic, Politics, Science and the scientific method
Posted by Yves Smith at 9:55 am | 40 Comments »
Links 5/23/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 198 Comments »
Satyajit Das: The Economic Costs of Modern War
How economic, military and political costs and consequences are intersecting in the Ukraine and Israel-Palestine conflicts
Topics: China, Doomsday scenarios, Economic fundamentals, Europe, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 6:50 am | 28 Comments »
Why Corporations Choose Lawlessness to Fight Unions
Workers at companies like Apple and Starbucks face armies of union-busting lawyers advising employers to repeatedly violate labor laws.
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Social values, The destruction of the middle class
Posted by Yves Smith at 5:25 am | 14 Comments »
Collapse of the Thwaites Glacier Has Accelerated
The timetable for the collapse of the Thwaites Glacier is collapsing, and why that matters.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post
Posted by Yves Smith at 3:31 am | 38 Comments »
2:00PM Water Cooler 5/22/2024
~ Today’s Water Cooler: Politics, syndemics, Stefanik files ethics complaint against Merchan, Greenhalgh publishes ginormous, magisterial study, stomps anti-maskers and droplet dogmatists, “trust your immune system.” ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 59 Comments »
Israel Gaza Starvation Ploy Intensifies With Seizure of Rafah Crossings
The Rafah operation is speeding the pace of genocide in Gaza. That looks to be its primary aim.
Topics: Doomsday scenarios, Middle East, Politics
Posted by Yves Smith at 10:20 am | 24 Comments »