Brent Nyitray
Fairlington Blade
Let the mutherfuker burn!
jnc4p
Kevin S. Willis
Michigoose
lmsinca
markinaustin
Memetrics
novahockey
quarterback
ScottC
yellojktVital Statistics:
| Last | Change | |
| S&P futures | 3862 | -19.4 |
| Oil (WTI) | 59.22 | -1.96 |
| 10 year government bond yield | 1.59% | |
| 30 year fixed rate mortgage | 3.28% |
Stocks are lower this morning on no real news. Bonds and MBS are up small.
Fourth quarter GDP was revised upward to 4.3%, while consumption was revised downward to 2.3%. The PCE price index rose 1.5%, which is below the Fed’s 2% target rate. Ex-food and energy, the PCE index rose 1.3%, so despite all of this talk about growing inflation it isn’t really showing up in the data yet. For the full year 2020, GDP fell 3.5%, and the inflation index rose 1.2%.
Initial Jobless Claims rose 684k last week, which is a post-pandemic low. The labor market is on the mend, however these numbers are still wildly above any sort of historical norm.
Jerome Powell said that the economy is improving better than expected. He did mention the eventual tapering. “As we make substantial further progress toward our goals, we’ll gradually roll back the amount of Treasuries and mortgage-backed securities we’ve bought,” Powell told NPR’s “Morning Edition” in a live interview. “We will very gradually over time and with great transparency, when the economy has all but fully recovered, we will be pulling back the support that we provided during emergency times.”
Filed under: Economy, Morning Report |
All Things in Moderation 
Based on the KosKidz comments, they miss Trump because they cannot stop talking about him, and they all watch FOX News all the time because they know exactly what is happening on that channel.
https://www.dailykos.com/stories/2021/3/25/2022767/-Biden-to-hold-first-full-press-conference-on-Thursday-afternoon
Seemingly every third comment is about Trump, the damage he has caused to the Progressive psyche is really breathtaking to behold.
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Not sure this helps the Biden team as much as they think it will.
https://twitter.com/Breaking911/status/1374858404162719745
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That sounds like a lie. Also, giving all the power to Trump. Again. Makes one wonder why the guy with all the power isn’t president. Huh.
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https://www.texastribune.org/2021/03/25/warren-buffett-texas-power-plants/?utm_source=Texas+Tribune+Newsletters&utm_campaign=aaf3f50623-trib-newsletters-breaking-alert&utm_medium=email&utm_term=0_d9a68d8efc-aaf3f50623-101497237&mc_cid=aaf3f50623&mc_eid=2f631ec3d7
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Nothing like using the power of the state to guarantee a revenue stream.
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Ok, put broads in the Octagon with men and let the best fighter win. In fact, due away with gendered sports entirely.
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i think the difference between the mens and womens record in the 100m is almost a full second.
Which is an eon in that race.
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Well, Biden says that there is nothing men can do that broad’s cannot, so… anything goes.
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Men are better at peeing standing up. The evidence there is overwhelming.
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pArTy of sCIeNce
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Breathtaking.
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I welcome the partisan journalism though I loathe the lying that it’s not. Why should there be shame? No rational person thought that an “objective media” is something that is possible or even desirable to return to the media from the thirties on.
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The whole concept of the objective media was nothing more than gaslighting from Walter Lippman, a socialist.
It was bullshit from day 1
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Exactly, that’s why I cannot understand any rational person’s desire for it.
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Hero.
https://www.sfgate.com/travel/article/pilot-hot-mic-bay-area-airport-16049942.php?IPID=SFGate-HP-CP-Spotlight
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Culture has become middle school. I want no part of it.
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This made me laugh.
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It’s my favorite pastime.
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It’s all living in a fantasy world. Talking about how witches are casting spells and using black magic because they love evil.
Heavy use of spectral evidence.
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