Not Very Sophisticated Thinking About Inflation

A story in yesterday’s Wall Street Journal reminds us how even financial journalists may fail to go past common intuitions if not superstitions about inflation—or at least don’t ask all the questions that a familiarity with economic analysis suggests.  “Some economists,” we are told, think that businesses are using inflation to “opportunistically” boost their profits, […]

ADP jobs report April 2023:

Hiring at private companies unexpectedly swelled in April, countering expectations for a cooling job market ahead, payroll processing firm ADP reported Wednesday. Private payrolls rose by 296,000 for the month, above the downwardly revised 142,000 the previous month and well ahead of the Dow Jones estimate for 133,000. The gain was the highest monthly increase […]

Generative AI Prompt text-to-text Introduction

Generate text effects using generative AI He advised enterprises on their technology decisions at McKinsey & Company and Altman Solon for more than a decade. He led technology strategy and procurement of a telco while reporting to the CEO. He has also led commercial growth of deep tech company Hypatos that reached a 7 digit […]

After First Republic’s rescue, economists predict further pain

Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy in Washington, March 22, 2023. Leah Millis | Reuters After the rescue of First Republic Bank by […]

The CIA Protected Epstein

Jeffrey Epstein’s calendar was released and his connections go further than initially reported. He helped people reach the peak of their careers in law, banking, education, and politics. As I have said, he was operating a honey trap operation to blackmail the most powerful players on the world stage. He likely offered two big services, […]