by Claudia Sahm Stay at Home Macro Companies aren’t so worried that they’re letting a lot of people go, but they’re also not so confident that they’re hiring a lot of people. This post, an excerpt from my (Sahm) new Bloomberg Opinion piece, is very important to me. I worry most about the drop in the hiring rate now—not so much about it being recessionary but about the lost potential. Also, there’s some personal news at the end. The...

– by New Deal democrat Today’s CPI report for September came in almost exactly as I suggested it would in my preview yesterday. To wit:  – Headline CPI continued increased 0.2% for the month, and decelerated to 2.4% YoY, its best showing since February of 2021.   – On a 3 month annualized basis, prices are increasing 2.1%. On a 6 month annualized basis, they are only increasing 1.6%.   – energy inflation remains non-existent, with another...

Nobody sees this trade and that’s why I love it so much. 

by Bill McBride Calculated Risk Newsletter NOTE: The tables for active listings, new listings and closed sales all include a comparison to September 2019 for each local market (some 2019 data is not available). This is the first look at several early reporting local markets in September. I’m tracking over 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I’ll update these tables...

[unable to retrieve full-text content]Explore how U.S. influence shapes Israel’s role in the Middle East conflict, challenging notions of sovereignty in a broader global war involving NATO, Palestine, and BRICS nations like China and Russia. The post Sovereignty in Crisis: Israel, Palestine, and America’s Global Agenda first appeared on Michael Hudson.

 – by New Deal democrat Step away from the ledge, everybody; and pay no attention to the DOOOMers, who are surely out in force this morning: the big increase in initial claims was almost all about Hurricane Helene. By the numbers, initial claims increased 33,000 to 258,000, the highest number since August 2023. The four week moving average increased 6,250 to 231,000, the highest in a month. Continuing claims, with the usual one week delay,...

A good friend recently told me about Google’s NotebookLM. To test it, yours truly uploaded one of his articles from this blog, and out came a four-minute rather insightful discussion about the content. Pretty cool! https://larspsyll.wordpress.com/wp-content/uploads/2024/10/untitled-notebook-1.wav

Good news now just waiting for the power to come back on.

Ημερίδα για τον Λένιν – 12 Οκτωβρίου 2024 ΗΚΡΙΣΗ και το Τμήμα Πολιτικής Επιστήμης και Ιστορίας του Παντείου Πανεπιστημίου συνδιοργανώνουν επιστημονική ημερίδα αφιερωμένη στα 100 χρόνια από τον θάνατο του Λένιν. Η ημερίδα θα πραγματοποιηθεί το Σάββατο 12 Οκτωβρίου 2024 στο Αμφιθέατρο Σάκη Καράγιωργα ΙΙ, Πάντειο Πανεπιστήμιο.  ΠΡΟΓΡΑΜΜΑ  11:00-12:30 | 1η ΣΥΝΕΔΡΙΑ | Κράτος και ΠολιτικήΑλέξανδρος Χρύσης, Δημήτρης ΚαλτσώνηςΣυντονισμός: Γιώργος Φαράκλας  13:00-14:30 | 2η...

I’ve posted here before about herd immunity. Prior to inoculation/vaccination, herd immunity was the result of enough people dying or surviving that the transmission of the disease (plague, smallpox, etc) was arrested in that population until the next generation of uninfected people grew up, whereupon the substrate for another round of death appeared.But let’s be clear: the survivors weren’t necessarily healthy. Many polio survivors spent the rest of...