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Stagflation: Shooting the Messengers

Stagflation: Shooting the Messengers


Via: bob-nelson  •  Stock Market & Investments  •  2 Comments  •  last year

It isn't really true that "facts have a liberal bias". It's that conservatives in general - and MAGA fascists even more - ignore facts. They make decisions, including important policy...
The Political Economy of Incompetence

The Political Economy of Incompetence


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

It annoys me when someone on NT uses "average", where "median" would be much more useful. But hey! This is NT! Our members aren't "qualified" economists (even if some of us seem to give...
More mad-king chaos - A Krugman twofer

More mad-king chaos - A Krugman twofer


By: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

Chaos-monkey policies are beginning to leak into the data, so the mad-king shoots the messenger. SCREW THE DATA - THE STOCK MARKET IS FINE! Um........ no ..... The art of the deal, when...
The Paranoid Style in American Economics

The Paranoid Style in American Economics


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

I know... I know... facts are B-O-R-I-N-G ! ! !  It's s-o-o-o-o much easier to just BELIEVE OUR GREAT LEADER! There may be some problems with that approach...   
The Economics of Smoot-Hawley 2.0, Part I

The Economics of Smoot-Hawley 2.0, Part I


Via: bob-nelson  •  Stock Market & Investments  •  2 Comments  •  last year

Economics is not a "hard science". It's "laws" are not yet fully understood, and are therefore open to discussion. Economists (real ones, as opposed to the many self-promoted hacks, like...
One hardly knows where to start recounting this past week

One hardly knows where to start recounting this past week


Via: bob-nelson  •  Stock Market & Investments  •  3 Comments  •  last year

Lemme see... Are there any aspects of a banana republic dictatorship that have not yet been engaged in Trump's America?  Secret police? Check . Using law enforcement to intimidate...
Our Chaos-Monkey, Dementia-Suffering, Cognitively-Addled President, & the Bureau of Labor Statistics

Our Chaos-Monkey, Dementia-Suffering, Cognitively-Addled President, & the Bureau of Labor Statistics


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

I'm ashamed. For decades, I've felt a tranquil superiority over "those silly comic-opera Latin American dictatorships", flailing about, battling against the unbeatable onslaught of economic...
Caracas on the Potomac

Caracas on the Potomac


Via: bob-nelson  •  Stock Market & Investments  •  3 Comments  •  last year

C'mon, Paul!! This was really much too easy.  Yes, you predicted that Trump would cook the books when his mad-king economic policies brought havoc. Yes, you were right. But c'mon......
Job Creation Slows To A Crawl: Monthly Avg: 35,000 over Past 3 Months

Job Creation Slows To A Crawl: Monthly Avg: 35,000 over Past 3 Months


Via: bob-nelson  •  Stock Market & Investments  •  2 Comments  •  last year

There's been a bit of chortling among NT's MAGAs, about tariff doom-saying being proved wrong. Hold my beer... You know how an airplane can follow a hyperbolic curve, giving its passengers...
Understanding Interest Rate Policy

Understanding Interest Rate Policy


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

Sometimes it's easy to assume people know stuff because "everyone knows that...". But there's lots of unknown knowledge floating around. So here's a quick trip back to Econ101.
Why Cheap New Cars Are Disappearing in 2025

Why Cheap New Cars Are Disappearing in 2025


Via: bob-nelson  •  Stock Market & Investments  •  14 Comments  •  last year

Meanwhile, in Europe, regionally built "entry-level" cars are being launched by all the manufacturers, under pressure from Chinese imports. But hey! Inexpensive is for people with little...
Understanding Inequality, Part I

Understanding Inequality, Part I


Via: bob-nelson  •  Stock Market & Investments  •  1 Comments  •  last year

Inequality - of several kinds - is probably the worst facet of American society today, and it's getting worse. Wealth inequality is major, and related to all our other inequalities. So...
Drill, Baby, Dr … Never Mind

Drill, Baby, Dr … Never Mind


Via: bob-nelson  •  Stock Market & Investments  •  8 Comments  •  last year

I may have said this, once or twice already: These people have no idea what they're doing. "Unintended consequences"?? Whazzat?
Why Are Trucks So Big?

Why Are Trucks So Big?


Via: bob-nelson  •  Stock Market & Investments  •  106 Comments  •  last year

Trump excludes smartphones, computers, chips from tariffs

Trump excludes smartphones, computers, chips from tariffs


Via: bob-nelson  •  Stock Market & Investments  •  6 Comments  •  last year

D'ya think Tim Cook had anything to do with this latest 180°?? Wanna bet that TVs will also be excluded? Ya know, all the cheap stuff from China. There are links in the seed.
It Makes a Kind of Sense -- The Trump Tariff Tier List

It Makes a Kind of Sense -- The Trump Tariff Tier List


Via: bob-nelson  •  Stock Market & Investments  •  2 Comments  •  last year

US Electric Vehicle Sales Rise Year-Over-Year in March, Defying Tariff Uncertainty

US Electric Vehicle Sales Rise Year-Over-Year in March, Defying Tariff Uncertainty


Via: bob-nelson  •  Stock Market & Investments  •  4 Comments  •  last year

This probably cannot continue, but it's interesting that the trend has lasted this long. Americans are perhaps finally coming to understand what they actually need.
Americans Are Paying More Than Ever for Cars And There’s Really No End in Sight

Americans Are Paying More Than Ever for Cars And There’s Really No End in Sight


Via: bob-nelson  •  Stock Market & Investments  •  5 Comments  •  last year

When my wife and I return to France - we split the year about equally - we'll buy an EV. A Skoda Elroq . That's a Czech variant of the VW ID.4. It's not sold in the US. There are now...
The Recession Trade Is Back on Wall Street

The Recession Trade Is Back on Wall Street


Via: hallux  •  Stock Market & Investments  •  10 Comments  •  last year

BMW is betting the company on its Gen6 EV battery

BMW is betting the company on its Gen6 EV battery


Via: bob-nelson  •  Stock Market & Investments  •  3 Comments  •  last year

BMW is a company that makes stuff for rich people. It's very far from "woke". OTOH, not being political, BMW looks at the future with lucidity. It sees EVs there. There are links in...
The Secretive Industry Devouring the U.S. Economy

The Secretive Industry Devouring the U.S. Economy


Via: hallux  •  Stock Market & Investments  •  5 Comments  •  3 years ago

The Biotech Edge: How Executives and Well-Connected Investors Make Exquisitely Timed Trades in Health Care Stocks

The Biotech Edge: How Executives and Well-Connected Investors Make Exquisitely Timed Trades in Health Care Stocks


Via: hallux  •  Stock Market & Investments  •  3 Comments  •  3 years ago

Silicon Valley Bank Fails After Run by Venture Capital Customers

Silicon Valley Bank Fails After Run by Venture Capital Customers


Via: hallux  •  Stock Market & Investments  •  8 Comments  •  3 years ago

Berkshire Hathaway Reports Major Investment Losses in 2022 - The New York Times

Berkshire Hathaway Reports Major Investment Losses in 2022 - The New York Times


Via: jbb  •  Stock Market & Investments  •  1 Comments  •  3 years ago

Twitter stock takes a dive after Elon Musk tweet that buyout deal is 'temporarily on hold' - MarketWatch

Twitter stock takes a dive after Elon Musk tweet that buyout deal is 'temporarily on hold' - MarketWatch


Via: hallux  •  Stock Market & Investments  •  11 Comments  •  4 years ago

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