Before the recent swoon stock market market performance under Trump had been quite favorable. The market gain since his inauguration (100) had been (144) similar to those under Clinton (141) and Obama (150). At this point Ike actually had the best return ( 170) but Ike and Truman are not included in the chart because it is too cluttered already. After the recent market drop he is now more or less in the middle of the pact for recent presidents — even...
Read More »Poor regulation causes scarcity
(Dan here…another of David Zetland’s students Hanna writes on regulation…a reminder of what also matters during this heated political climate, and from a younger generation. The first mention of water wars at AB was 2007 I believe.) Poor regulation causes scarcity Hannah writes* In 2014, Flint was plunged into a water crisis. However, this was not the result of over abstraction or drought. Instead, the city’s water scarcity which continues today was...
Read More »Protecting Healthcare Workers from Infected Patients, United States vs South Korea
Protecting Healthcare Workers from Infected Patients, United States vs South Korea Seattle: Korea: Those bedsheets will do a great job preventing the virus from spreading.
Read More »Open thread March 3, 2020
Novel Coronavirus and Better Unsafe than Sorry
It is possible that a known pharmaceutical called remdesivir inhibits the reproduction of the Covid-19 coronavirus. It inhibits (some) RNA dependendent RNA Polymerases — the type of enzyme the virus uses to replicated its genome and express its genes. It is known that it is a potent inhibitor of the RNA dependendent RNA Polymerases used by the MERS coronavirus update: here is a good site for Covid-19 data. So what will be done with remdesivir ? What...
Read More »Weekly Indicators for February 24 – 28 at Seeking Alpha
by New Deal democrat Weekly Indicators for February 24 – 28 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. What happened in the past week certainly fits the definition of a crash – a loss of more than 10% in just five days – in my mind anyway. Not just stocks, but commodities also crashed. Perhaps surprisingly, in the “hard” data of actual production and consumption, there doesn’t seem to have been much of an impact. In any event,...
Read More »Atlanta and downstream friends
(Dan here…another of David Zetland’s students Johanna writes on groundwater…a reminder of what also matters during this heated political climate, and from a younger generation. The first mention of water wars at AB was 2007 I believe.) Atlanta and downstream friends Johanna writes* This post offers some insight into the problems of water management in Atlanta (the capital of Georgia) and the effects of those problems on its downstream neighbors Florida...
Read More »January real personal income consistent with either slowdown or incipient recession
January real personal income consistent with either slowdown or incipient recession Real personal income (less government transfers) is one of the four coincident indicators the NBER looks at in determining recessions. Since January’s numbers were reported this morning, let’s take an updated look. Truth be told, real personal income is actually a short lagging indicator. It frequently continues to improve a few months into a recession – and...
Read More »psst… the fundamentals are strong
Conversational Points about Coronavirus and Administration Answers
Newcastle ban handshakes at training ground: “There’s a ritual here that everybody shakes hands with everybody as soon as we see each other every morning,” said Bruce as he prepared for Saturday’s game against Burnley at St James’ Park. “But we’ve stopped that on the advice of our club doctor. Thankfully, we’ve got a superb doctor here and he will keep us informed of what we have to do. We’re like everybody else, we’re glued to the TV for where it’s going...
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