This Fed is getting seriously hawkish: It revealed that instead of thinking about backing off rate hikes, it’s replacing the yield curve.
Saturday, February 7, 2026
Europe Isolates China Trade Cheat
The “every man for himself” game of responding to Trump’s trade threats is working against China’s hope to team up with Europe.
2:00PM Water Cooler 7/6/2018
Today’s Water Cooler: Trade war with China, Cuomo, open borders, the Weathermen, employment situation, international trade, robot cars, platinum, taxing the rich, the marshmallow test, smart homes
Fast Fashion: Recycling No Panacea
House of Commons committee launches inquiry into environmental costs of fast fashion, with a misplaced emphasis on recycling rather than reducing consumption outright.
Pruitt Resigns as EPA Chief: So What?
EPA administrator Scott Pruitt resigned Thursday. Will his acting replacement, former coal lobbyist and climate denier Andrew Wheeler, be less of a disaster for the environment?
Bill Black: Fed Lets Goldman Sachs and Morgan Stanley Off Hook, Investors Profit Billions
Bill Black discusses how even though Goldman Sachs and Morgan Stanley failed their recent stress tests to determine whether these banks can weather a financial crisis, the Fed allowed them to pay billions in dividends and stock buybacks to investors.
Gaius Publius: SF Chronicle OpEd – The Next U.S. Constitution Is Forming now
More on our slow-motion Constitutional crisis.
Meetup Reminders! Chicago Meetup Friday July 6; Sunday July 8 Meetup in Green Bay
If you live near Chicago or Green Bay, be sure to stop by our meetup!
2:00PM Water Cooler 7/5/2018
Today’s Water Cooler: Trade slowdown?, abortion politics, services, employment situation, truck manufacturers, Boeing/Embraer, GM, guillotine watch, stress, maps, hot dogs
Was Martin Luther King a Socialist?
A new book corrects the tendency of biographers and commentators to airbrush out Martin Luther King’s socialist leanings.
Iran Threatens To Close the Strait of Hormuz
Yves here. A map of the Strait of Hormuz and environs seemed a useful addition. The danger, as the article insinuates, is that if things got that far, a conflict over the Strait of Hormuz would escalate into a full-scale conflagration. By Dr. Cyril Widdershoven, a long-time observer of the global energy market. Presently, he […]
Richard Murphy: Ignore the Gini Coefficient – Real Inequality Is Growing and People Are Suffering as a Result
More lying with statistics on the inequality front.
