I’m an investor, not a gambler, so I don’t own cryptocurrency, NFTs or shares in “Truth” Social. So the news that investors in DJT are being taken to the cleaners doesn’t faze me. “Shares of Trump Media plunged more than 15% on Monday after the company filed to issue millions of additional shares of stock.“Trump Media’s dramatic slide came as Donald Trump sat in a Manhattan courtroom for the start of his criminal trial on hush money-related charges....
Read More »Tesla and the law of gravity
OK, Tesla isn’t Bitcoin and it isn’t Trump’s Pravda Social, but: “Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs.“We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the company.“Some of them are talking about layoffs as high as 20% of the workforce, which would mean tens of...
Read More »New Deal democrat Weekly Indicators April 8 – 12 2024
– by New Deal democrat The Bonddad Blog My “Weekly Indicators” post is up at Seeking Alpha. Long Lead Indicator Remain Unchanged. Short Lead Indicators show Improvement. Coincidental Indicators suggest a stable consumer and taxpayer environment for 2024. There has been a lot of churn in both the short leading and coincident indicators in the past few weeks, but the overall tone is towards a more positive economic environment....
Read More »Real average wages and aggregate payrolls signal continued growth
– by New Deal democrat Keep in mind NDd only talks about Real Average Wages in which he does not include supervisor wages or increases. In this regard, readers get a much better perspective of Labor wages and earnings. Since NDd was traveling, we have an additional post this week. The Bonddad Blog On Wednesday I was traveling so I didn’t get around to writing about the important CPI release. Let me start my delayed response by updating real...
Read More »The actual cost of college in America
I’m seeing the usual hyperventilating about college tuition. Look, there’s a lot of competition, particularly among the more competitive universities, to post exorbitant sticker prices for tuition because it makes them look valuable. The reality is that college tuitions are steeply discounted and most domestic students get “scholarships” that reduce the actual cost. “ . . .the actual cost of college for a family with an income of $100,000 has...
Read More »March consumer price inflation was still mainly about the dynamics of shelter and gas prices
– by New Deal democrat The Bonddad Blog New Deal democrat has been on top of the discussions of shelter and/or gasoline prices in February and also in January. He has been on top of these discussions which appear to be making the news moreso in April than earlier in the year. I have linked to the February commentary and there you can find an earlier commentary link. Enjoy the detail of NDd’s. ~~~~~~~~ The one advantage of not reporting...
Read More »Initial claims continue to be rangebound, and a positive for the near term forecast
– by New Deal democrat The Bonddad Blog [NOTE: After traveling all day yesterday, I decided to put off any comments on the CPI upside surprise until later today. Short version is that shelter continues its slow decent, gasoline picked up, and services are accelerating as one might expect in a strong economy with the supply chain tailwind having dissipated.] Initial claims continued to be rangebound this week, declining -11,000 to 211,000....
Read More »The semaglutide camel’s nose under the Medicare tent
Obesity is a risk factor for cancer, heart disease stroke and diabetes. Thus, drugs like semaglutides (Wegovy, Ozempic) don’t just reduce weight in the obese, they also reduce risk of cancer, heart disease, stroke and diabetes, which are huge health care burdens. It’s good to see that Medicare is finally coming to grips with this obvious fact:“On March 8, 2024, FDA approved Wegovy (semaglutide) to treat cardiovascular disease risks — heart attack,...
Read More »Travelin’ man: Weekly Indicators for April 1 – 5 2024 at Seeking Alpha
– by New Deal democrat I neglected to post this over the weekend, so I will post it now…. Weekly Indicators: The Coincident Indicators Say ‘Soft Landing Is Here.’ – Long Leading Indicators Show Improvement – Short Leading Indicators are showing mixed results. – Coincident Indicators suggest a Soft-Landing scenario for 2024. “My “Weekly Indicators” update is over at Seeking Alpha. There was lots of churn under the surface last...
Read More »Thoughts while visiting the US
Some thoughts: There are many mentions in this commentary by David, I find true and factual. Much of my time in Europe and Asia was working, eating, and traveling with the residents of these countries and staying in their hotels. Not for just a few days, but weeks at a time. Europeans would place me in their hotels and Asians would up the scale and place me in American style hotels. The latter did not mean I did not see or experience their way of...
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