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 | 4,501 | 18.2 |
| Oil (WTI) | 69.79 | 1.65 |
| 10 year government bond yield | 1.32% | |
| 30 year fixed rate mortgage | 3.07% |
Stocks are higher this morning on overseas strength. Bonds and MBS are up small.
Inflation at the wholesale level rose 0.7% MOM and 8.3% YOY, according to the Producer Price Index. Ex-food and energy it rose 0.6% MOM and 7.3% YOY. Foods (especially meat products) were a big contributor to the increase, as was transportation and warehousing. Building products (and lumber) pulled down the numbers. It is important to keep in mind that the annual numbers are being affected by COVID lockdowns of a year ago, so there is going to be some exaggeration in the numbers.
The 8.3% increase in prices is the highest reading going back to 2010.
The Biden Administration is going to demand that all Federal workers and contractors get vaccinated, and is going to insist that all companies with 100 or more employees require vaccination. The net result of this will probably be to exacerbate the labor shortage even more.
United Wholesale is launching an appraisal management company-free program, which will handle appraisals in-house. Not sure how their current hundred or so AMC will like this.
HUD is looking at strategies to reduce regulatory barriers to affordable housing. My guess is that their strategy will be nothing new – it will be to sue local governments to eliminate single-family zoning. “The research makes clear that there is bipartisan support for state and local reform to improve housing affordability,” said HUD Secretary Marcia Fudge. “HUD and the Administration will remain hard at work to build inclusive, equitable communities through affordable housing.”
Filed under: Economy, Morning Report |
All Things in Moderation 
Apparently the final drone strike in Afghanistan that supposedly hit an ISIS car bomb didn’t.
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I’m dubious about this. Both in terms of the “Times investigation”–Was it or was it spoonfed to them? And just in general–how was this uncovered so fast? Why is this the story getting coverage in the NYT?
Eh, I don’t know. Might all be legitimate and totally not a false flag or an intentional debacle or misrepresentation of events or . . . whatever. This story just seems . . . off. To me.
Certainly could have just been a mistake and then that mistake was reported on by the NYT after an investigation. I may just be too prone to suspect some hidden agenda in everything that appears in the media.
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If there was a hidden agenda, it would be to make Biden look good, not bad. I find it very easy to believe that they screwed up a “signature strike” that was done less than 24 hours after the initial bombing at the airport.
Post came to the same conclusion.
https://www.washingtonpost.com/investigations/interactive/2021/kabul-drone-strike-questions/
I don’t know if I’m this cynical, but I’m close:
Read the whole twitter thread. As Greenwald notes, the NYT is now contradicting it’s initial reporting based solely on anonymous Pentagon sources with the new report.
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Savage.
https://babylonbee.com/news/jussie-smollett-disguises-self-as-larry-elder-so-people-will-commit-real-hate-crimes-against-him
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Serious question, to whom was he referring?
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McWing:
Serious question, to whom was he referring?
I have the same question.
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Totally same-same.
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The present NPC response seems to be “nobody is saying January 6th and September 11th are equivalent events.” Despite at least one prominent politician recently tweeting that Jam 6th was worse than September 11th … and that’s not the only time I’ve heard
Politicians or commentators suggesting September 11th was less significant than January 6th because reasons.
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The fantasy domestic terrorists that the left assumes is every citizen not slavishly obedient to them? The mythical MAGA terrorist of 1/6.
I’m guessing here.
On the other hand, don’t I feel like a idiot for voting for this prick not once but twice.
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Yeah I wasn’t thinking it was about making Biden look good. Just that the short cycle from bullshit reporting to disclosure seems very odd. But feelings is all I’m going on and they aren’t trustworthy.
The guy on Twitter whatabouting at Greenwald about “where was this outrage” 20 years ago seems very off addressing that to Greenwald, who to my knowledge has never bought the official line on droning suspects.
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