Archive for the ‘New Posts’ Category

More solid job gains, but no real wage growth

July 6th, 2018

In the latest solid report on the conditions in the US labor market, payrolls grew by 213,000 in June, and labor force participation ticked up two-tenths, as more people were pulled into the improving labor market. This led to a two-tenths tick-up in the unemployment rate to 4 percent (really, 30 basis points up, from… Read more

Lnyx, potential auto tariffs, yield curves and recession

July 4th, 2018

Happy 4th. Now, down to biz. Over at WaPo, I reflect on how to get back to WITT (we’re-in-this-together), away from YOYO, and note how the Democratic Socialists are plowing similar ground. Next, I see where the president is thinking about imposing 20% tariffs on imported cars and car parts. Oy. Once again, I don’t… Read more

Musical interlude: Mozart at his best

June 20th, 2018

I just stumbled on this performance of what may be my favorite Mozart concerto. It’s the one for violin and viola, overflowing with amazing melodies, counterpoint, and interplay between the soloists. And this performance is as good as it gets, not just the soloists* but the orchestra, which provides perfect accompaniment–note their dynamics, going from… Read more