New and revised labor market data suddenly says the US economy is just fine. Mr. Market’s continued rate cuts look off the table for now.
Recent Items
Thursday, October 16, 2025
OK, Forget it, False Alarm, Labor Market Is Fine, Bad Stuff Last Month Was Revised Away, Wages Jumped. No More Rate Cuts Needed?
Topics: Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Income disparity, Politics
Posted by Yves Smith at 4:35 am | 39 Comments »
2:00PM Water Cooler 10/4/2024
~ Today’s Water Cooler: Poltiics, syndemics; New RCP chart (it’s tied) and new Covid charts (not worsening); Kamala to throw Khan, Gensler under the bus (ka-ching); Boeing strike continues, Warren and Blumenthal call for criminal investigations of executives ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 87 Comments »
Israel-Axis of Resistance Escalation and the Importance of the Minority Report
Looking at some information limits and biases in the ever-intensifying Israel-Axis of Resistance conflict.
Topics: Media watch, Middle East, Politics, Russia
Posted by Yves Smith at 11:53 am | 109 Comments »
Links 10/4/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 194 Comments »
On Third Day of Claudia Sheinbaum’s Presidency, Mexico’s Supreme Court Plunges Country Into Constitutional Crisis
Some people, including three of the Supreme Court judges, are calling it an attempted “coup”. Unsurprisingly, Washington’s fingerprints are all over this
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 39 Comments »
When We Have Well-Funded Palliative and Social Care, We Can Discuss Assisted Dying, but We’re Not There Yet
A discussion of the shortcomings of end of life care in the US and UK.
Topics: Free markets and their discontents, Guest Post, Health care, Social policy, Social values
Posted by Yves Smith at 4:35 am | 14 Comments »
Sharing News Left and Right
A study finds that conservative news-consumers are more resistant to Twitter de-amplifcation measures that lefties.
Topics: Dubious statistics, Guest Post, Media watch, Politics, Social policy, Social values
Posted by Yves Smith at 2:27 am | 15 Comments »
2:00PM Water Cooler 10/3/2024
~ Today’s Water Cooler: Politics, syndemics; Trump and the Jack Smith brief; Boeing and Longshoremen strikes; UCLA tools up ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 99 Comments »
Interview with Richard Eskow: ‘Putin, Ukraine and War’
As the prospects for war ratchet up, will U.S. elites stand down? A discussion with Richard (RJ) Eskow.
Topics: Doomsday scenarios, Free markets and their discontents, Globalization, Guest Post, Politics, Social policy, Social values
Posted by Yves Smith at 9:55 am | 8 Comments »
Links 10/3/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 157 Comments »
Biden’s Israel Policy Has Led Us to the Brink of War on Iran
More information on Iran’s missile attacks on Israel and how the Biden Administration is responsible for this escalating crisis.
Topics: Doomsday scenarios, Guest Post, Media watch, Middle East, Politics
Posted by Yves Smith at 6:30 am | 87 Comments »
Cities Are Clearing Encampments, but This Won’t Solve Homelessness − Here’s a Better Way Forward
Following a Supreme Court ruling approving the criminalization of homelessness, many jurisdictions are imposing harsh rules and punishments.
Topics: Guest Post, Income disparity, Politics, Real estate, Regulations and regulators, Social policy, Social values
Posted by Yves Smith at 6:14 am | 38 Comments »
Vance-Walz Debate Highlighted Clear Health Policy Differences
Focusing on an issue in the Vance-Walz debate but given short shrift elsewhere: where the presidential candidates stand on health care policy.
Topics: Guest Post, Health care, Media watch, Politics
Posted by Yves Smith at 5:45 am | 8 Comments »
2:00PM Water Cooler 10/2/2024
~ Today’s Water Cooler: Politics, syndemics; Vance-Walz debate; Boeing and Longshoremen strikes; Effects of Helene on North Carolina election ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 139 Comments »
Iran Missile Strikes Into Israel Reconfirm Lack of Meaningful Defenses; Lebanon Invasion So Far Not Going Much of Anywhere
An update on the Israel v. the Resistance conflict in the wake of the Iran missile strikes.
Topics: Doomsday scenarios, Media watch, Middle East, Politics
Posted by Yves Smith at 11:09 am | 119 Comments »