ECONOMY

From PredictIt on the Presidential Election Winner, 54 Dem / 48 Rep: Source link...

That’s a title of an article by Christopher Condon, in Bloomberg a few days ago. What’s the evidence? Figure 1 shows the typically referenced CPI deflated trade weighted dollar. Figure 1: CPI deflated trade weighted dollar (blue), and unit labor...

By Lambert Strether of Corrente Readers, more on Politics to come shortly. I thought if I waited, we’d have word on Kamala’s VP selection. I also have to give some thought to Democrats and (dread word) race, or rather racial...

Yesterday, I asked if odds were flipping. As of midnight on PredictIt: As of now 11am ET:     Source link...

Yves here. Those who even casually follow climate change stories have heard of feedback loops like permafrost melts resulting in methane releases that raise carbon levels. This post describes local examples of human activity having an impact on weather at...

Below we are republishing a 2019 post in which we excoriated the then Presidential candidate Kamala Harris for telling a whopper about her role in the get-banks-out-of-jail-almost-free card known at the National Mortgage Settlement in 2012. That deal was so...

The UK Health Security Agency has raised their pandemic threat level for H5N1 bird flu from a 3 to a 4 on a 6 point scale.  My takeaway is that we have completely failed to stem the outbreak in cattle,...

Pension Funds Are Hooked on Private Equity, No Matter the Risks Bloomberg The Olympics More main character energy: insane aura 51-yr old Yusuf Dikec of Turkey shows up to the Olympics for shooting without special lenses… without ear protection… hand...

Yves here. Green Party presidential candidate Jill Stein and Michael Hudson provide a deep dive on Israel’s escalation against Iran, Hezbollah, and Hamas and where that might lead in an interview with Danny Haiphong. Today the Western press is reporting...

Yves here. Given the fraught turn the news out of the Middle East has taken, I though it might be time to balance our coverage by returning to our Modern Monetary Theory discussions, for both the benefit of readers who...