Yves here. US readers often hear tales of egregious Big Pharma price gouging, particularly for medications that are essential in treating dangerous conditions. Patients here are regularly told, regularly with specific examples, of how much cheaper anti-cancer meds or insulin...
After wall-to-wall Trump assassination attempt coverage, with the coda of the Republican convention visuals and speeches, Biden’s future, or lack thereof, is back in focus. Many prognosticators had assumed that the failed Trump kill shot would give Biden a respite....
Colorado rattlesnake “mega den” gaining national attention via webcam for citizen science The Colorado Sun Near-extinct crocodiles make comeback in Cambodia BBC Wall Street Senses the Barbarians Are Finally at the Gates Bloomberg. Commentary: #MorganStanley and #GoldmanSachs are confident that...
The Wall Street Journal published a zeitgeist watch entry: American Towns Are Rebelling Against Megamansions. It describes how some long-established havens for the rich, such as the Hamptons and Martha’s Vineyard, are trying to tamp down on ginormous houses. This...
Yves here. Documentary producer Lynn Fries today focuses on an aspect of accelerating progress towards the Jackpot which perversely gets comparatively little coverage despite its clear importance: that of more and more extinctions and potential/probable ecosystem collapse. Yet commentators seem...
Messages from the WSJ July Survey: Source: July WSJ survey. Source: July WSJ survey. Source: July WSJ survey. Also, destroying the Fed and the world trading order. Source link...
As noted earlier, Peter Navarro indicated Jerome Powell would be “gone in a hundred days”. Trump in a Bloomberg interview: “I would let serve out,” Trump says, “especially if I thought he was doing the right thing.” Even so, Trump...
Industrial production at +0.6% m/m vs. +0.3% consensus (manufacturing production +0.4 vs. +0.2% consensus). Figure 1: Nonfarm Payroll (NFP) employment from CES (bold blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold green), manufacturing...
By Lambert Strether of Corrente Patient readers, my liquid brunch gave me a case of the slows. More to come! –lambert Bird Song of the Day Common Nightingale, El Estrecho PNat–Punta Camorro, Cádiz, Andalucía, Spain.* * * * * *...
Using the April 2024 WEO projections (the July update indicates no revision for 2024 growth, and -0.3 ppts for 2025 y/y), we can see the following trajectory for Russian output, and Russia output ex-military spending. Figure 1: Russia GDP (blue),...
