Author Archives: Yves Smith
Days After Rate Cut, S&P’s Flash PMI Sees Rising Inflation and Exhorts the Fed to “Move Cautiously” with “Further Rate Cuts”
S&P: “The “reacceleration of inflation” suggests “the Fed cannot totally shift its focus away from its inflation target.”
Read more...Closing the Health Gap: How Chronic Illness Drives Health Inequality Early On
A look at how chronic disease by age and income cohort affects health inequality.
Read more...The Fed’s Reactive-Looking Half-Point Rate Cut
The Fed’s half point rate reduction was unseemly large. What gives?
Read more...Cheapflation and the Rise of Inflation Inequality in 2021-2023
Big companies victimized poor consumers via cheapflation: imposing greater price increases on low price goods than higher priced items
Read more...BRICS and De-Dollarization: An Alternative or Potential Disaster?
A discussion of some proposals for the BRICS de-dollarization project, suggesting a lack of convergence of ideas among key players.
Read more...Links 9/21/2024
An American Coup?
Did the US armed services refuse to execute an order by Biden, which would amount to a coup, or is the story more complex?
Read more...Countdown!
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Read more...Down to the Wire for 2024 Fundraiser, Help Hit Our New Donor and $ Targets!
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Read more...Procrastinators of the World, Unite! Last Day, Last Chance for Our 2024 Fundraiser!
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Read more...Elon Musk and Tesla Shape America’s Future. But Problems Run Deeper Than Tweets.
The financialization of U.S. firms making key products endangers American global leadership and, in Tesla’s case, climate change progress.
Read more...Assassination Attempt No. 2 in a Land That Worships the God of Violence
America’s tendency to violence is ever more obvious with the Trump assassination attempts and enthusiasm for terrorism by exploding pagers.
Read more...Big Oil to Benefit From Biden’s Carbon Capture Tax Credits: Report
How carbon capture tax credits funnel billions to the oil and gas industry while delivering few if any climate benefits.
Read more...‘The Data on Extreme Human Ageing Is Rotten from the Inside Out’ – Ig Nobel Winner Saul Justin Newman
Some myths bite the dust, here related to the number who live to be over 100. Not surprisingly, the cause is crappy data.
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