By Lambert Strether of Corrente. In the companion post to this piece (“Eight Reasons Mask Bans Are Beyond Stupid“) I dealt with the talking points that arise in anti-mask discourse generally. There are two key points: (1) “Health Masks” can...
Continued growth: Figure 1: GDP (bold black), August Survey of Professional Forecasters (bold red), July WSJ (teal), GDPNow of 8/8 (light blue square), all in bn.Ch.2017$ SAAR. Source: BEA 2024Q2 advance, WSJ survey, Philadelphia Fed, Atlanta Fed, and author’s calculations....
My transcription of JD Vance’s statement re: the Fed, on “State of the Union”, interviewed by Dana Bash today. Might’ve gotten a few words wrong, but got the essence I think. (with apologies to the ProjectSyndicate graphic artist). JD Vance...
Lambert here: Carpe diem…. By Jamie Bristow, who currently leads on public narrative and policy development for the Inner Development Goals and Rosie Bellon, a writer working primarily in public climate narrative and the inner dimension of sustainability, with collaborators...
The Forgotten History of the Financial Crisis Foreign Affairs How the world’s oldest bank brought a city to its knees FT Climate Paris Agreement thresholds crossed Arctic News The Global Temperature Just Went Bump The Atlantic Syndemics The US Government...
As reported by the Rosstat, via TradingEconomics: On an annualized basis, this is 14%. Y/Y inflation is 9.1%. The nominal policy rate stands at 18%. If expected y/y inflation is 12.6%, then the real policy rate is about 5.4% ...
Lewis/Mertens/Stock and Baumeister/Leiva-Leon/Sims weekly indicators, and Torsten Slok’s rundown. Figure 1: Lewis/Mertens/Stock Weekly Economic Index (blue), and Baumeister/Leiva-Leon/Sims Weekly Economic Conditions Index for US plus 2% trend (tan), all y/y growth rate in %. Source: NY Fed via FRED, WECI, accessed...
The RealClearPolitics betting average has typically lagged PredictIt, which flipped on 7/31. RCP’s betting average flipped on August 8, and now looks like this (approx 11:24 CT): Source: RCP, accessed 8/10/2024, 11:20am CT. The above depicts time series of unweighted...
On patrol with Thailand’s ‘Anti-Monkey Unit’ battling to keep primates at bay in Lopburi ABC Australia (Kevin W) What explains the variations in sexual sensation between us? aeon (Chuck L) What becomes of the broken-hearted? Scientists investigate New Scientist (Micael...
Yves here. I am surprised (and perhaps this article skipped over any remarks Warren made on this issue) that the senator did not mention that surge pricing almost certainly violates retail store licenses in many jurisdictions. They require prices to...
