Yves here. Richard Murphy has posted what in theory is light fare, a piece on fall/winter women’s fashion as an economic indicator. He starts with the most watched sighting, skirt lengths. He finds that H&M, which makes much-decried “fast fashion”...
During his first ten months in power, Noboa has done everything he can to place Ecuador even more firmly under Washington’s thumb. Early into his mandate, Daniel Noboa almost torpedoed Ecuador’s relations with Russia by offering to deliver unused Russian...
Octopuses seen hunting together with fish in rare video — and punching fish that don’t cooperate NBC A taxonomy of sovereign wealth funds Brad Setser, FT Climate …HELENE WEAKENS TO A TROPICAL STORM AS IT MOVES FARTHER INLAND OVER GEORGIA…...
Yves here. Kamala shamelessly pandering to crypto touts is so depressing. Crypto is among other things the vehicle that has allowed for more and bigger ransomware payoffs, encouraging more attempts. Its use cases are tax evasion, other criminal conduct, and...
Yves here. Tom Neuburger argues that climate change in/insufficient action is a scheme by the elites to reduce global population and keep their position.I have to push back strongly against this. It is sadly too much a part of human...
Perhaps someone can tell me why we get such different bets depending on platform (and why doesn’t RealClearPolitics include PredictIt)? First, something that popped into my mailbox this AM from the UK’s OddsChecker. Compare against RCP: All of these covered...
One of the interesting aspects of the annual revision is that, contrary to what happens with typical (non-annual) revisions, GDI moved toward GDP, rather than the reverse. Figure 1: GDP post-update (bold blue), GDP pre-update (blue), GDI post-update (bold red),...
Part 1,434,237. (Previously ) Remember EJ Antoni, declaring a recession occurring in 2022H1? In terms of how we define it or what marks a recession, the basic understanding is that when the economy shrinks for two consecutive quarters, so...
Growth in the first three years of Biden was 3.0%, vs 2.1% under Trump (pre-pandemic). Figure 1: Per capita GDP in Ch.2017$ SAAR (black), on log scale. Orange arrow is average growth rate 2016Q4-2019Q4; blue arrow is average growth rate...
Bird Song of the Day Sage Thrasher, Gunnison, Colorado, United States. Twelve minutes! I guess people become fascinated with the mimicry and wonder what will come next? * * * In Case You Might Miss… Kamala’s speeches on the economy...
