Private payrolls increased by 184,000 in March, better than expected, ADP says
Private sector job growth expanded in March at its fastest pace since July 2023, indicating continuing buoyance in the U.S. labor market, payrolls processing firm ADP reported Wednesday. Companies added 184,000 workers on the month, an increase from the upwardly revised February gain of 155,000, which also was the Dow Jones estimate for March. In […]
Quality Boosts in Sports Collectibles
Sports cards from several brands on display at a store in Los Angeles. There are good reasons to be skeptical of the claim that the average person is no better off than they were a generation ago. First, the “average person” is not the same flesh-and-blood human being from generation to generation. My father earned […]
Why Are Central Banks Buying Gold?
Investors’ curiosity has peaked as central banks are increasing their gold purchases. We are not going back to a Bretton Woods type situation and that is not the issue. You must understand that gold is neutral. Central banks are buying gold because the Neocons have weaponized the dollar. Russia was removed from the SWIFT system, […]
Decriminalization doesn’t solve the problem
The Economist has a major article discussing the fentanyl crisis. This graph has some discouraging data: I knew about the horrific fentanyl data, but was surprised to see the huge increase in cocaine deaths. I doubt that cocaine usage has increased that dramatically in recent years. Instead, I suspect that cocaine use has become much […]
2:00PM Water Cooler 4/2/2024 | naked capitalism
By Lambert Strether of Corrente. Bird Song of the Day House Wren, Coronado National Forest, Pearce, Ash Springs Trail, Cochise, Arizona, United States. * * * In Case You Might Miss… (1) Trump posts bond. (2) Kennedy makes the ballot in NC. (3) Shanahan: More detail. Politics “So many of the social reactions that strike […]
US Manufacturing is Doing Just Fine
An automobile manufacturing facility. My recent attempt to steer Helen Andrews away from her NAFTA skepticism unfortunately appears to have come up short. Instead of reconsidering her opposition to the 1994 trade agreement, the American Conservative writer has issued a surrebuttal to my March 13 defense of NAFTA that alleges two errors on my part. […]
