Tag Archives: Hot Topics

No that is not the real story here today. It does give a perspective on why so many too big, too fast, and too often vehicles are eating up limited supplies of gasoline and oil. However, what is being missed is we are not buying more oil for the Strategic Oil Reserve. Although, I am recalling our younger days when for Christmas the boys (meaning my brothers and I) would get “metal” Tonka pickup trucks and other versions of the same brand. Not a...

Very strong initial jobless claims probably the result of unresolved post-pandemic seasonality  –  by New Deal democrat It continues to be reasonably clear that there is some unresolved post-pandemic seasonality in initial jobless claims, which nose-dived last September and rebounded during October. So far the same pattern is evident this year. To wit, initial claims rose 1,000 last week to 207,000. The more important 4 week moving average...

New York Times political reporter focuses on a minor issue involving Democrats and not the utter collapse and insanity of the Republican party. One might think that the story of leading candidate Donald Trump casually revealing top secret information was worth further discussion aside from the article printed on page A3. One might imagine that the complete inability of Republicans in the House of Representatives to do anything non desctructive...

A follow up to Joel Eissenberg’s commentary on mRNA and how it came to be at BioNTech. This seemed interesting enough to add another post on mRNA discovery. Some more detail . . . Nobel Prize in medicine awarded to scientists who laid foundation for messenger RNA vaccines (msn.com), Carolyn Y. Johnson The Nobel Prize in medicine was awarded Monday to two scientists whose research laid the groundwork for messenger RNA vaccines that transformed...

LARC (Long Activer Reversible Contraceptives) are highly effective. It seems to me past time for the US Federal Government to pay for contraceptives (all types not just the device of pharmaceutical but also cost of care from the prescribing physician if required) for everyone who wants them (including Elon Musk if he changes his mind about reproducing as much as possible — no means test). I think that Joe Biden and Nancy Pelosi should make a big...

The current economic “big picture”: by no means are we out of the woods  – by New Deal democrat There is no particularly important economic news out today, so let me take this opportunity to step back and give you more of a “big picture” view of my current thinking. To the extent there is a consensus, it is that a recession has been avoided and a “soft landing” of low inflation and positive jobs and income news will continue. So far, the...

Wednesday (October 4, 2023) found more than 75,000 union employees of Kaiser Permanente, one of the nation’s largest not-for-profit health providers, walked off the job, marking the largest health care worker strike in US history. Kaiser Permanente unionized health care workers go on strike across dozens of locations, cnn.com, Samantha Delouya. Open Thread – NPs and PAs are Handling Primary Care Visits, Angry Bear...

August JOLTS report: a pause in deceleration, but the trend remains intact  – by New Deal democrat Last month I concluded my post on the July JOLTS report’s sharp declines by noting that “None of these statistics move in a straight line, so it would be a mistake to project this report’s relatively big moves forward. But the trend clearly remains in place.”This month’s report for August showed that was the case, as all of the major metrics...

You know that Hungarian woman who shared this year’s Nobel in Physiology or Medicine? She struggled to get and keep an academic career. Eventually, she was pushed out of her lab at Penn.“That morning at the lab, Karikó’s old boss had come to see her off. She did not tell him what a terrible mistake he was making in letting her leave. She didn’t gloat about her future at BioNTech, a pharmaceuticals firm that millions now associate with lifesaving...

Manufacturing and construction have the most positive reports all year  – by New Deal democrat As usual, the monthly data starts out with reports on the two most important production sectors of the economy, namely manufacturing (for September) and construction (for August). For a change, the news was mainly positive. Let’s start with manufacturing. The ISM’s diffusion index, where any value below 50 indicates contraction, came in negative...