Stampede into Nvidia on good earnings then everything dropped. This market is highly speculative as I have been saying. 
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Just Some Census Stats
Yes, the South is increasing in population according to these Census numbers. There appears to be a reversal in or new growth in the Midwest and the Northeast. The growth is not as great. Texas appears to be growing faster than other parts of the country. I believe the limiting factor is going to be water, the same as it will be in Arizona. Unless there is continuous rainfall, both areas will be growth restrictive. I am going to tie to this in...
Read More »Modern Monetary Theory is Good, but.?.
Ann Pettifor joins up on the stream this week, and she might have some things to say about MMT. Ann is political economist, author and public speaker. Her latest book, The Case for the Green New Deal, was published in hardback by Verso in 2019. By 2020 the book had been translated into German by Hamburger Edition, Italian by Fazi Editore and Swedish by Verbal Forlag. The English paperback version with an added chapter, Afterword, appeared on the shelves of bookstores from September, 2020....
Read More »50+ Years of Economics In Under 12 Minutes (with @lexfridman)
"That's right, and so that's what makes them interesting." Dive into a thought-provoking journey with a critical analysis of historical and modern economic theories as unfolded in the conversation. Uncover why ancient economic insights might hold key solutions to today's financial uncertainties and how a contrarian viewpoint can dismantle longstanding economic beliefs. Discover how the debate of value origin—from land, labor to subjective utility—has shaped the...
Read More »Απειθαρχία, σύγκρουση, έξοδος από την ΕΕ – εκδήλωση-συζήτηση την Κυριακή 26 Μαΐου στις 12μμ στην Λέσχη «Αναιρέσεις», Φερών 3, Αθήνα
Εκδήλωση-Συζήτηση Οι οργανώσεις του ΝΑΡ για την ΚΟΜΜΟΥΝΙΣΤΙΚΗ ΑΠΕΛΕΥΘΕΡΩΣΗ, των εκπαιδευτικών ΠΕ/ΔΕ, της ιδ. εκπαίδευσης και της έρευνας/ΑΕΙ διοργανώνουν εκδήλωση-συζήτηση την Κυριακή 26 Μαΐου στις 12μμ στην Λέσχη «Αναιρέσεις», Φερών 3, Αθήνα. ΕΙΡΗΝΗ ΑΞΙΟΒΙΩΤΗ ΖΩΗ ΕΛΕΥΘΕΡΙΑΝΑ ΧΑΣΕΙ ΠΛΟΥΤΟ ΤΟ ΚΕΦΑΛΑΙΟ ΓΙΑ ΝΑ ΖΗΣΕΙ Ο ΛΑΟΣΑπειθαρχία, σύγκρουση, έξοδος από την ΕΕ!Για την Ελλάδα και την Ευρώπη του Σοσιαλισμού/Κομμουνισμού Θα μιλήσουν οι:Θεοχαροπούλου Κωνσταντίνα, υποψήφια...
Read More »After a two-week excursion, initial claims fall back into range; the “quick and dirty” forecast model stays positive
– by New Deal democrat Initial claims declined -8,000 last week to 215,000, well within its recent nine month range, after a two week elevated excursion. The four week moving average, reflecting that excursion, increased to a nine month high of 219,750. Continuing claims, with the usual one week delay, rose 8,000 to 1.794 million, also well within their recent nine month range: As per usual, the YoY% change is more important for forecasting...
Read More »Brave new world of scientific publication?
My dissertation research was published in 1983 in a two-author paper in the Journal of Biological Chemistry. JBC is the house journal of the American Society of Biochemistry and Molecular Biology. After your referees and the editor approved, the manuscript was published with the payment of “page charges,” to cover the journal costs since it didn’t take advertising. JBC is a stolid publication; it has a reputation for rigor, if not excitement.In my 40+...
Read More »Post-real economics — a severe case of mathiness
Post-real economics — a severe case of mathiness In practice, what math does is let macro-economists locate the FWUTVs [facts with unknown truth values] farther away from the discussion of identification … Relying on a micro-foundation lets an author say, “Assume A, assume B, … blah blah blah … And so we have proven that P is true. Then the model is identified.” … Distributional assumptions about error terms are a good place to bury things because hardly...
Read More »Nvidia now worth over $2.5 Trillion, more than the market cap of the entire German stock market
Perma bears are going to be FREAKING… OUT…Nvidia now worth over $2.5 Trillion, more than the market cap of the entire German stock market. pic.twitter.com/Q7sJctOeoR— Erik Brynjolfsson (@erikbryn) May 23, 2024
Read More »The U.S. government is draining 42 million gallons of gasoline from its reserves
by Melvin Blackman QUARTZ Last week? We were talking about market manipulation at the business level and also the state level. The industry intended to cut production so as to maintain prices if California capped prices. California was putting a new program in place to regulate pricing. An AZ state rep was going to California to ask them not to pass the bill. All are forms of market manipulation and one oil industry person did not like what I...
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