Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) on November 02, 2023 in New York City. Spencer Platt | Getty Images Friday’s market reaction to the jobs report comes down to a simple premise: bad news is good news, as long as it isn’t too bad. Stocks rallied sharply after […]
The war against inflation is a long way away from being won
[ad_1] A food shopper searches for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images Don’t break out the party hats just yet: Despite recent signs that inflation is cooling, the fight to bring down the meteoric price increases of the past three years is far from […]
This Week in Long Covid: Nature Fires Salvo of Four Major Papers
[ad_1] By Lambert Strether of Corrente Science is popping! Nature’s editors[1] and reviewers must have had quite at time doing all these papers more or less at once. And it’s certainly encouraging to see Long Covid[2] getting major play. In this simple post, I’ll present the most salient features of each of the four studies […]
The Long Run is Short in Norway
[ad_1] A news article caught my eye recently. It was describing the results of recent tax increases in Norway, and the responses to those tax increases which apparently caught the policymakers off guard. This isn’t the first time I’ve made reference to Adam Smith’s famous analogy about social planners and chess, nor will it be […]
Caitlin Long: Fighting for Economic Freedom (Video)
[ad_1] In this episode of Liberty Curious, Kate Wand spoke with Caitlin Long, founder of Custodia, a financial institution anchored around bitcoin, sound money, and safe banking. They discuss the importance of economic freedom in a rapidly centralizing world, the philosophy that shapes Long’s decisions, and the implications of the Fed’s denying Custodia’s application for […]
Long COVID Stemmed from Mild Cases of COVID-19 in Most People
[ad_1] Yves here. I must confess I have not looked at the underlying multi-country study summarized in this post. Nevertheless, I thought the headline finding was worth promoting. First, there is still not enough known about Long Covid, so researchers should be encouraged by promoting work in the field. Second, as we have stressed, “Covid […]