Monday, September 19, 2022
HomeEconomics2:00PM Water Cooler 9/19/2022 | bare capitalism

2:00PM Water Cooler 9/19/2022 | bare capitalism

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Affected person readers, I needed to stand up and stroll round after I learn that Biden quote. Extra shortly. –lambert

By Lambert Strether of Corrente

Fowl Tune of the Day

Home Sparrow, Stewart Park, Tompkins, New York, United States. “Calls from a gaggle going to roost in a cedar subsequent to the boathouse.”

* * *


“However what’s authorities itself, however the biggest of all reflections on human nature?” –James Madison, Federalist 51

“Right here’s meals for thought, had Ahab time to suppose; however Ahab by no means thinks; he solely feels, feels, feels” –Herman Melville, Moby Dick

“You may’t actually mud for vomit.” Nigel Tufnel, That is Spinal Faucet

Biden Administration

“President Joe Biden: The 2022 60 Minutes Interview” [CBS News]. I expressed my amazement a number of instances that each one Biden needed to un on was Ukraine and Covid. It appears to be like like that’s what he’ll do:

Scott Pelley: Mr. President, first Detroit Auto Present in three years. Is the pandemic over?

President Joe Biden: . We nonetheless have an issue with COVID. We’re nonetheless doing a lotta work on it. It’s– however the pandemic is over. in the event you discover, nobody’s sporting masks. Everyone appears to be in fairly fine condition. And so I believe it’s altering. And I believe this can be a good instance of it.

The pandemic just isn’t over. Case numbers are at a plateau and wildly understated. Deaths, although not as understated, are additionally at at a plateau. Group transmission is excessive in 83.33% of the nation. And if one variant has good immune escape, we’re in for a foul winter. Biden is flat out mendacity, overtly. Biden is mendacity worse than Bush did with “Mission Achieved“:

For all his buffoonery, “The Former Man” not less than gave as Operation Warp Velocity. What has Biden given us however 500,000 extra deaths, the destruction of public well being, the destruction of non-pharmaceutical measures like masking, and a whole lack of prepartion for the subsequent respiratory pandemic, which is able to certainly come? [pounds head on desk].

And, oh yeah, individuals aren’t sporting masks as a result of propaganda works and the Biden Administration labored vigorously to discredit them. And as for “Everyone appears to be in fairly fine condition,” I assume that makes the 4 million individuals out of labor from Lengthy Covid nobodies. Come to think about it, that’s fairly correct. All I can say is it might be a rattling disgrace if Queen Elizabeth’s funeral was a superspreading even for all of the world’s leaders. OK, I’m stopping right here earlier than I stroke out. Commentary:

Or put on masks, or battle for air flow, and so forth. (Blue is, properly, very a lot from San Francisco. However she writes a superb weekly wrap-up on Covid.) Except there’s, properly, resistance:

What staffer let this occur?

“Workforce Biden’s Mysterious U.N. ‘Reform’ Push” [National Review]. “When world leaders converge on Manhattan subsequent week for the U.N. Basic Meeting’s annual high-level week — crammed with speeches from heads of state and a circus of diplomatic facet occasions — one of many Biden administration’s high priorities can be to essentially reshape the way in which by which key U.N. establishments work. Prime officers say that their intention is to modernize U.N. establishments in order that Russia and like-minded dictatorships can’t defend themselves from accountability.” • Thought: Let’s ask China and India (and Indonesia) what they suppose.


* * *

“NBC Information ballot exhibits the place the midterm ‘persuadables’ dwell: These voters might resolve the midterms” [NBC]. “There are persuadable voters all over the place, however the NBC Information ballot has constantly proven they’re most closely based mostly in outer suburb counties. These 1,100 counties maintain a plurality of the nation’s up-for-grabs voters…. This yr the NBC Information ballot finds that 43% of all persuadable voters dwell in these outer suburbs, way over different areas. Collectively the nation’s massive metropolis city core counties and the near-in city ring counties maintain about the identical variety of persuadable voters. Rural counties solely maintain about 12% of the nation’s persuadables. And that outer suburb base for persuadable voters just isn’t new. Going again to 2010, these outer ring suburb counties have held 42% or 43% of the persuadable vote. Briefly, the cities belong to the Democrats and rural America belongs to the Republicans, however the area between is the place you’re almost certainly to search out voters who’re weighing their alternate options.” • AZ-01 (Phoenix), CO-08 (Denver), MI-07 (Lansing), NC-13 (Raleigh), MN-02 (Minneapolis-St Paul).

PA: “In non-public memo, Fetterman confronts a brand new impediment: Getting outspent” [Politico]. “John Fetterman continues to guide Mehmet Oz within the polls, however the Pennsylvania Democrat’s Senate marketing campaign is privately sounding the alarm that issues might change if he continues getting outspent on TV. In an inner memo on Tuesday to big-dollar donors, Fetterman marketing campaign supervisor Brendan McPhillips warned that Oz and his Republican allies are collectively investing extra in tv advertisements than Fetterman and Democratic tremendous PACs that help him. ‘I’m writing with a wake-up name,’ mentioned McPhillips within the message, which was obtained first by POLITICO. ‘Within the final three weeks alone, Republicans have spent practically $12 million {dollars} — considerably outspending us and out-communicating on the airwaves. We can’t permit this to proceed unabated.’” • Commentary:


“Biden says he’s operating. Democrats nonetheless have their doubts” [The Hill]. President Biden is telling everybody he plans to run for a second time period, however with about 50 days to the midterms, most Democrats aren’t certain he’ll observe by on that plan. Cedric Richmond, the previous Democratic lawmaker and Biden White Home official, mentioned definitively this week that it’s on relating to Biden and 2024. ‘He’s operating and we’re constructing an infrastructure for him to run and win,’ Richmond informed NBC. ‘Proper now, it’s all an early funding in 2024 whereas we’re serving to 2022.’” • Ukraine and Covid. It’s a mortal lock.

“Is Ron DeSantis the Way forward for the Republican Get together?” [New York Times]. “Early within the Tallahassee transition, DeSantis burrowed into some important studying materials: a binder enumerating the powers of the workplace. ‘He was soaking that up,’ Scott Parkinson, the transition’s deputy government director, informed me. DeSantis’s intention, he has mentioned, was to grasp all of the ‘strain factors’ throughout the system: what required legislative cooperation, what he might do unilaterally, which appointments wanted which approvals.” • I’m wondering if Trump did that; I doubt it. If he had, he would have been “The Sensible Trump.”

“Scoop: Workforce Trump sees particular grasp as deep FBI skeptic” [Axios]. “Raymond Dearie’s appointment as particular grasp to assessment information the FBI seized from Mar-a-Lago was a constructive improvement for former President Trump, whose attorneys really helpful him. However their name for the low-profile New York choose was befuddling given Dearie has no obvious connection or loyalty to Trump. Two sources with direct data of the carefully held deliberations now inform Axios what Trump’s authorized crew was pondering: Legal professionals and advisers to the previous president consider Dearie’s position on the secretive court docket that permitted controversial warrants used to surveil former Trump marketing campaign aide Carter Web page in 2016 and 2017 made Dearie a deep skeptic of the FBI.”

Democrats en Déshabillé

I’ve moved my standing remarks on the Democrat Get together (“the Democrat Get together is a rotting corpse that may’t bury itself”) to a separate, back-dated put up, to which I’ll periodically add materials, summarizing the addition right here in a “dwell” Water Cooler. (Hopefully, some Bourdieu.) It seems that defining the Democrat Get together is, actually, a tough drawback. I do suppose the paragraph that follows is on level all the way in which again to 2016, if not earlier than:

The Democrat Get together is the political expression of the category energy of PMC, their base (lucidly defined by Thomas Frank in Pay attention, Liberal!). ; if the Democrat Get together didn’t exist, the PMC must invent it. . (“PMC” modulo “class expatriates,” in fact.) Second, all of the working elements of the Get together reinforce one another. Depart apart characterizing the relationships between components of the Get together (ka-ching, however not solely) these components comprise a community — a Flex Web? An iron octagon? — of funders, distributors, apparatchiks, electeds, NGOs, and miscellaneous mercenaries, with belongings within the press and the intelligence neighborhood.

Be aware, in fact, that the category energy of the PMC each expresses and is restricted by different lessons; oligarchs and American gentry (see ‘industrial mannequin’ of Ferguson, Jorgensen, and Jie) and the working class spring to thoughts. Suck up, kick down.

* * *

The Pied Piper technique is a two-flavored self-licking ice cream cone:

And defeat can style simply as candy as victory, ka-ching!

“How Russian Trolls Helped Hold the Girls’s March Out of Lock Step” [New York Times]. • The infinite spectacle of PMC liberals, particularly within the NGOs, by no means taking accountability for something. My solely query is “Why now?” Seems that codifying Roe, after which placing Obergefell in reconciliation, however not Roe, isn’t making the Dems inner polling amongst ladies pop the way in which they thought it might?

Republican Funhouse

“The story of the praying Bremerton coach retains getting extra surreal” [Seattle Times]. “When the U.S. Supreme Courtroom dominated in June that Bremerton assistant soccer coach Joseph Kennedy had the appropriate to wish on the sector, it wasn’t extensively understood then that the court docket had additionally ordered the varsity district to present him his job again.” However Coach Kennedy has been too busy cashing in: “As an alternative, because the Bremerton Knights have been prepping for the season in August, Kennedy was up in Alaska, assembly with former Vice President Mike Pence and evangelist Franklin Graham. On the eve of the primary recreation, which the Knights received, Kennedy was in Milwaukee being introduced with an engraved .22-caliber rifle at an American Legion conference. The weekend of the second recreation, which the Knights additionally received, Kennedy appeared with former President Donald Trump on the Trump Nationwide Golf Membership in New Jersey. He noticed Trump get a spiritual award from a gaggle known as the American Cornerstone Institute. Developing this month, Kennedy’s scheduled to present a chat as a part of a lectureship collection at a Christian college in Arkansas. ‘Place a PR/Publicity Request,’ invitations his private web site, the place he’s generally known as Coach Joe. It’s an more and more surreal state of affairs for the Bremerton faculties. They have been ordered to ‘reinstate Coach Kennedy to a soccer teaching place,’ in accordance with court docket paperwork. However the now-famous coach is out on the conservative celeb circuit, persevering with to inform a narrative about ‘the prayer that received me fired’ — though Bremerton by no means truly fired him.’” • Which is what they ought to have carried out.

“The tip of the talk? Republicans draw the curtain on political theater” [MSN]. “he huge collections of the Smithsonian Establishment in Washington comprise two brown wood chairs. Their backs have labels explaining that they have been utilized by John F Kennedy and Richard Nixon in “the primary face-to-face dialogue between presidential candidates” on the CBS tv studio in Chicago in 1960…. Briefly, the primary televised presidential debate. And the place America led, the remainder of the world adopted, copying the mannequin of gladiatorial political fight as the final word format to assist voters make up their minds…. However heading into the US midterm elections, the talk seems to be in decline, a casualty of fragmented digital media, a deeply polarised political tradition and a democracy dropping its sense of cohesion…. It’s a sorry state of affairs for a time-honored custom.” • The concept at the moment’s debates have something to do with custom is ludicrous. They’re scripted spectacles the place the questions are sometimes recognized prematurely. They provide the impression that the press by some means represents the individuals, when actually the press is there to show its hegemonic energy. The units appear like recreation exhibits for a cause. If the present debate format is destroyed, I can be pleased. Give all the idea again to the League of Girls Voters, and let’s have some sobriety.

Realignment and Legitimacy

“COVID continues to be killing a whole bunch a day, at the same time as society begins to maneuver on” [Los Angeles Times]. What does “society” “begins to maneuver on” even imply? Extra: “After a demise, medical doctors often hash out whether or not it was avoidable. Now it’s taking place a whole bunch of instances a day, ‘and there’s no real interest in doing a postmortem of the issue,’ mentioned [Eric] Topol, director of the Scripps Analysis Translational Institute in La Jolla. As an alternative, the impulse is usually to wave it away. When somebody loses a liked one to COVID, ‘usually the very first thing that’s requested of you is both, ‘Have been they vaccinated?’ or ‘Did they’ve a preexisting situation?” mentioned Urquiza of Marked by COVID. ‘I believe individuals are asking that as a result of they wish to reaffirm their very own sense of security. ‘Oh, Kristin’s dad died as a result of he had x, y or z — I don’t.” Morales mentioned that folks are likely to assume that most cancers alone took his mom. When he informed a pal that she in the end died after getting COVID, the pal was stunned. ‘Actually? COVID? How did that occur?’’ the pal requested Morales. ‘Folks aren’t dying of COVID anymore.” • Sure, they’re. Story after story after story.


Precisely as with protests; large angle pictures, or pictures from a peak, are finest. By no means belief a close-up shot! They’re for dramatic impact, not reporting.

“Blaming the Deep State” [Democracy]. Readers know I oppose the “Deep State,” taking the Madisonian view that the State as a flexnet or ensemble of competing factions (“working towards” capital, however competing nonetheless). However, I’m going to skip proper to the tip, the place we discover the writer bio: “TAMARA COFMAN WITTES is a Senior Fellow within the International Coverage Program on the Brookings Establishment.” Dudes, come on. It’s not humorous anymore.

Good query:

I don’t know. I want I did. Throughout the political spectrum, this can be a non-issue. (After all, in the event you view the elites as eugenicist, the whole lot falls into place: It’s not a problem for both celebration as a result of each events approve of the coverage end result.)


• ”St. Louis analysis fuels COVID-19 nasal vaccine rollout in India” [St Louis Post-Dispatch]. Not, you’ll discover, in america. “The science behind India’s new nasal vaccine for COVID-19 has its roots in St. Louis. India-based drug firm Bharat Biotech introduced Tuesday that its nasal vaccine had acquired emergency approval. The vaccine know-how was licensed from Washington College. Dr. Michael Diamond, a Washington College professor and viral immunologist, mentioned he started engaged on the vaccine within the spring of 2020 with fellow Washington College professor Dr. David Curiel. The world’s scientific neighborhood was simply mobilizing on its large, pressing seek for strategies to deal with and forestall the brand new coronavirus. Diamond and Curiel knew many different researchers have been racing to develop vaccines, however they didn’t see anybody else pursuing oral or nasal vaccines…. The nasal vaccine’s approval comes because the U.S. rolls out doses of the up to date COVID-19 vaccines from Pfizer and Moderna, which have been modified to particularly goal the latest variants of the virus. And the same replace for the nasal vaccines might already be on the way in which. ‘We’ve already carried out it,’ Diamond mentioned. ‘We’re testing them now.’” • Good for Bharat, which has not, nonetheless, launched its information.

• ”COVID-19 Booster Nasal Vaccine Research for Adults Who Have NOT Had COVID-19 An infection” [Cincinnati Childrens]. “Cincinnati Kids’s is conducting a analysis research, typically generally known as a medical trial or medical research, to study vaccine that will provide safety from COVID-19…. [Participants Have not had a COVID-19 infection and have had 2 Pfizer COVID-19 vaccines.” • Two years in….

* * *

• Maskstravaganza: Gerson stans:

A duckbill. Anybody ou there use Gersons? I love my 3M Aura, but any increase in breathability would be a plus. I can just hear the slogans: “Breathable, but not gappy!” (leaving the visuals to your imagination). Why has this never been done? We used to be able to do advertising in this country:

• Maskstravaganza: Good idea, like Amtrak’s Quiet Cars:

I take this as a sign that the antimask death cult ridiculousness has reached some sort of limit. At least in New York (which, granted, had a terrible early experience and adopted collective discipline in response), there is actually a market for spaces where lack of infectiousness is a priority. Now put CO2 meters everywhere, like the Japanese do. So people can “make their own choices.”

• Maskstravaganza:

• Maskstravanganza:

A keeper….

• I hate to think like this, but somebody else besides me sees the demand for smiles as a power trip:

* * *

• “To boost or not to boost” [Eric Topol, Ground Truths]. “The reluctance for Individuals to get a booster shot has been hanging. The USA at the moment ranks 73rd amongst nations for its uptake of boosters at 33% of its inhabitants. All peer, wealthy nations around the globe are not less than double that charge. Nations rating above the US now embrace Rwanda, Uzbekistan, Iran, Honduras, and Azerbaijan. Seemingly, you’d must work very onerous to indicate up this poorly because the nation that first validated the vaccines, manufactures them, and has had such a surfeit provide that it has >50 million pictures it could possibly’t get anybody to take. Nonetheless, it has maintained optimism and bought 171 million new Omicron BA.5 variant bivalent pictures. There are lots of causes for this abject failure—a veritable booster botch—stemming again to the start of the US booster marketing campaign plan in August 2021, with mass public confusion induced by a unique plan introduced each few days and infighting between the totally different governmental companies (CDC, FDA, NIH, WH) as to the suitable technique. This was compounded by the very late endorsement that boosters are vital for all adults that didn’t come till the tip of November, though the info from Israel and different nations have been clearcut many months previous to that juncture. Delays, confusion, and poor messaging received boosters off on the improper footing. All of the anti-science, anti-vax, mis- and disinformation hasn’t helped in any respect, and has by no means been successfully countered.”

* * *

• Seatbelts, too:

After all, within the 90s we weren’t a failed state.

* * *

• “Pure immunity”:

Velocity limits take away your freedom.

* * *

Case Rely

Case depend for america:

Instances are undercounted, one supply saying by an element of six, Gottlieb pondering we solely choose up one in seven or eight.) Therefore, I take the nominal case depend and multiply it by six to approximate the actual degree of circumstances, and draw the DNC-blue “Biden Line” at that time. The earlier depend was ~69,000. Immediately, it’s 62,400 and 62,400 * 6 = a Biden line at 374,400. (Bear in mind these information factors are weekly averages, so day by day fluctuations are smoothed out.) The black “Fauci Line” is a counter to triumphalism, because it compares present ranges to previous crises. If you happen to take a look at the Fauci line, you will notice that regardless of the bleating and yammering about Covid being “over,” we now have solely only recently reached the (nominal) case degree of November 1, 2021, and we’re very removed from that of July 1, 2021. And the actual degree is far worse.

Lambert right here: The autumn in case depend appears to be like spectacular sufficient. What the Fauci Line exhibits, nonetheless, is that we now have finally achieved the extent of the preliminary peak, when New York was storing the our bodies in fridge vans. So the endzone celebrations are, to my thoughts, untimely. Not that anybody will throw a flag. After all, the actual story is within the charts for California and the South. See under.

• “Covid testing suppliers cut back regardless of worries of one other winter surge” [NBC]. “Covid testing labs and at-home take a look at producers have been downsizing after authorities funding cuts and waning demand, regardless of issues from well being officers that the nation might face one other winter surge in infections…. Simply how extreme that wave can be will depend upon whether or not the virus mutates to evade immunity from earlier infections. However ought to the U.S. see a surge related to final winter’s, Individuals might discover themselves in the same testing bind, with at-home checks rapidly promoting out and other people encountering lengthy waits for laboratory PCR take a look at outcomes, public well being officers mentioned….. The variety of reported Covid circumstances is at the moment 1 / 4 of what it was at its peak final winter. However Chris Murray, director of the Institute for Well being Metrics and Analysis, estimates that , as a result of so many are uncovered by at-home checks and aren’t reported to public well being departments, or they aren’t being detected in any respect. He expects to see infections begin to enhance subsequent month and proceed to rise by the winter.” • 4% to five%? I’m gonna want an even bigger chart. On the brilliant facet, it appears to be like like Johns Hopkins is chopping down on reporting at precisely the appropriate time!

Regional case depend for 4 weeks:

The South:

The South (minus Texas and Florida):


The West:

What’s happening on the market?


Wastewater information (CDC), September 13:

Lambert right here: I added all of the dots again in. The variety of gray dots actually issues me. How can all of the websites for worldwide air journey heart New York be gray (“no current information”). And California’s fairly gappy, too.

For grins, September 11:


From the Walgreen’s take a look at positivity tracker, September 10:

-2.4%. Excellent news.


NOTE: I shall most definitely not be utilizing the CDC’s new “Group Degree” metric. As a result of CDC has mixed a number one indicator (circumstances) with a lagging one (hospitalization) their new metric is a poor warning signal of a surge, and a poor strategy to assess private danger. As well as, Covid is a illness you don’t wish to get. Even if you’re not hospitalized, you possibly can undergo from Lengthy Covid, vascular points, and neurological points. For these causes, case counts — recognized to be underestimated, because of residence take a look at kits — deserve to face alone as a quantity to be tracked, irrespective of how a lot the political operatives in CDC management wish to obfuscate it. That the “inexperienced map” (which Topol calls a “capitulation” and a “deception”) continues to be up and being taken severely verges on the prison. Use the neighborhood transmission instantly under.

Right here is CDC’s interactive map by county set to neighborhood transmission. (That is the map CDC desires solely hospitals to take a look at, not you.)

NOT UPDATED Speedy Riser information, by county (CDC), September 16:

I suppose that if case counts are certainly degree, it’s possible there could be few fast risers.

Earlier Speedy Riser information:

NOT UPDATED Hospitalization information, by state (CDC), September 16:

Sea of inexperienced!

NOTE: Speedy Riser and Hospitalization information are up to date Wednesdays and Fridays.


Lambert right here: It’s past irritating how gradual the variant information is. I seemed for extra charts: California doesn’t to a BA.4/BA.5 breakdown. New York does but it surely, too, is on a molasses-like two-week cycle. Does no one within the public well being institution get a promotion for monitoring variants? Are there no grants? Is there a single lab that does this work, and all people will get the outcomes from them? Extra sources from readers welcome [grinds teeth, bangs head on desk].

NOT UPDATED Variant information, nationwide (Walgreens), September 1:

Nonetheless no signal of BA.2.75 at Walgreens, regardless of its success in India and presence in Bay Space wastewater.

NOT UPDATED Variant information, nationwide (CDC), August 27 (Nowcast off):

Two highlights: BA.4.6 has assumed a barely better proportion (extra within the NowCast mannequin, which I refuse to make use of). Additionally, first look of BA.2.75. So the place is it, you ask?

The above chart exhibits variants nationally. I’ve gone by the CDC areas and made a desk. As you possibly can see, BA.2.75 is outstanding in Area 2 (New York and New Jersey), adopted by Area 5 (Midwest), and Area 1 (Northeast). Hmm.

Desk 1: CDC Regional BA.2.75 Knowledge, Sorted by % Complete

CDC Area % Complete States in Area
Area 2: 0.8% New Jersey, New York, Puerto Rico, and the Virgin Islands
Area 5: 0.7% Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin
Area 1: 0.7% Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont
Area 3: 0.4% Delaware, District of Columbia, Maryland, Pennsylvania, Virginia, and West Virginia
Area 4: 0.4% Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee
Area 7: 0.3% lowa, Kansas, Missouri, and Nebraska
Area 6: 0.0% Arkansas, Louisiana, New Mexico, Oklahoma, and Texas
Area 8: 0.0% Colorado, Montana, North Dakota, South Dakota, Utah, and Wyoming
Area 9: 0.0% Arizona, California, Hawaii, Nevada, American Samoa, Commonwealth of the Northern Mariana Islands….
Area 10: 0.0% Alaska, Idaho, Oregon, and Washington

Let’s see if BA.2.75 begins doubling.

• BA.2.75.2:

And however:



Dying charge (Our World in Knowledge):

Lambert right here: It’s attention-grabbing that the deaths per 100,000 curve — with its curious current flattening — has roughly the identical form because the case curve, suggesting {that a} “Biden Curve” would have roughly the identical form because the case depend curve, versus the straight line I’m drawing for the present degree.

Complete: 1,078,663 – 1,078,018 = 645 (645 * 365 = 235,425, which is at the moment’s LivingWith™* quantity (fairly a bit increased than the minimizers would love, thought they’ll discuss themselves into something. Fluctuates fairly a bit, however even the low numbers are dangerous). I’ve added an anti-triumphalist black Fauci Line.

It’s good that for deaths I’ve a easy, day by day chart that simply retains chugging alongside, not like the whole lot else CDC and the White Home are screwing up or letting go darkish, good job.

• “A whole lot of Individuals Will Die From COVID Immediately” [The Atlantic]. And the deck: “Is that this what regular now appears to be like like?” • Sure, if the liberal Democrats have something to do with it.

• Extra deaths, Asia vs. the Imperial Heartland US and UK:

Stats Watch

There are not any official statistics of notice at the moment.

* * *

Immediately’s Concern & Greed Index: 36 Concern (earlier shut: 35 Concern) [CNN]. One week in the past: 48 (Impartial). (0 is Excessive Concern; 100 is Excessive Greed). Final up to date Sep 15 at 1:37 PM EDT. Mr. Market having a tragic. –>

Rapture Index: Closes unchanged [Rapture Ready]. Document Excessive, October 10, 2016: 189. Present: 188. (Do not forget that bringing on the Rapture is good.)

Thanksgiving Pre-Sport Festivities

I do know it’s early. However:

The Gallery

We might use extra of those:

Zeitgeist Watch

A house away from residence:

Our Famously Free Press

Love the typewriters:

However at the moment, half of ’em could be spooks… .

Class Warfare

“The place Are Household Workplaces Investing Globally?” [Forbes]. “UBS’ International Household Workplace Report 2022 surveyed 221 single-family places of work worldwide, with common belongings underneath administration of $2.2 billion. Cumulatively, these household enterprises oversee wealth totaling $493 billion. The report confirmed that in 2021, 57% of a mean household workplace portfolio was funneled into conventional asset lessons: equities (32%), mounted earnings (15%), and money (10%), whereas 43% was directed towards different asset lessons, comprising non-public fairness (21%), actual property (12%), hedge funds (4%), non-public debt (2%), gold/ treasured metals, commodities, arts and antiques (1% every), and fewer than 1% for infrastructure. What UBS discovered, nonetheless, was a strategic shift in how household places of work are channeling their wealth. A rising development in non-public market investments is extra evident than ever, particularly in the direction of non-public fairness—the one asset class that gained regular allocations yr after yr. Why? About 74% of the respondents who’re more likely to allocate extra investments on this different asset over three to 5 years consider it would overtake public markets sooner or later. ”

I suppose a client boycott isn’t the very best factor for the employees, however sheesh:

Is that this even authorized?

Information of the Wired

Journey tip:

* * *

Contact data for crops: Readers, be happy to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) learn the way to ship me a examine if you’re allergic to PayPal and (b) to learn the way to ship me pictures of crops. Greens are tremendous! Fungi and coral are deemed to be honorary crops! If you would like your deal with to seem as a credit score, please place it initially of your mail in parentheses: (thus). In any other case, I’ll anonymize by utilizing your initials. See the earlier Water Cooler (with plant) right here. From Re Silc:

And a close-up:

Re Silc writes: “Mount Lenox, MA.”

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