The Ethical Skeptic has moved on from analyzing genomes to understand where Covid came from. He has taken a look at why there is a collapse in the partipation rate of young white men in the USA. Economists have worried about this …
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I am a great fan of Doomberg. I have no idea of who he is, what his background is, how he makes a living. I just love reading his posts. The latest talks …
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A very long time ago, someone said to me that most people just didn’t understand gambling. He gave the example of a horse race. He explained that a lot of people just ask themselves the question “Which horse is most likely …
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Non-farm payrolls were 467K last month. This was huge compared to expectations (although the range of guesses was huge) of 150K. This turobcharged oil, up about 4% this week alone and juiced bond yields. The 3M rate implicit in eurodollar futures shot up 8bp. Longer-dated …
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The things that get us: heart disease, cancer, possibly dementia are diseases of the immune system. We feel old, because our immune system is kicking against our own …
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I am an oil bull. Fossil fuels may have some bad externalities, but they have been the chemical basis of our current civilization. Most people alive now would never have been born if it were not for humans’ exploitation of coal,oil and gas …
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Inflation, has been a burning question in economics the whole of my adult life. In my youth, the press was full of articles discussing the pitched battle between the Keynesians and the Friedmanites, and especially the latter’s attachment to the (much older) Monetarist theory of inflation.
Both …
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This was a risk-on equity day. The major US indices surged (NDX up 3.15%). Most other stuff was quiet, although nat. gas continues to zoom up. FX and bonds subdued. Some very good results from $AAPL and $VISA were the drivers of the equity …
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For my money, Alex Manzara is the best commentator on fixed income, “period” (as the Americans say). Macro Alf is pretty good, and there are a lot which are worth reading, but Manzara always leaves me feeling smarter.
Manzara’s latest post hits the …
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