by diastole-admin | Feb 17, 2026 | Uncategorized
Happy Lunar New Year! It is now the Year of the Horse, and we should all celebrate the Spring Festival for the next 15 days, as the Chinese do. Catch you later! Or now. Now also works. We got a couple of important data points last week. First, the January jobs report...
by diastole-admin | Feb 9, 2026 | Uncategorized
Markets diverged last week, with the Dow Jones Industrials (old-fashioned!) closing above 50,000 for the first time while the Nasdaq (tech-heavy!) finished its fourth straight week of losses. The disconnect was caused by AI, of course, when Anthropic, an AI company,...
by diastole-admin | Feb 2, 2026 | Uncategorized
That dratted groundhog saw his shadow this morning and predicted six more weeks of winter. My garbage cans are already buried in drifts, and my car is frozen in the garage. But compared to lots of people’s problems, my complaints are picayune. Good luck to everyone...
by diastole-admin | Jan 26, 2026 | Uncategorized
Another tragedy in Minnesota, followed by snowmageddon across half of the country. Once again it is hard to focus on the details of the economy, but I’ll try. I hope you are all as well as can be expected, and that your power is restored soon. It is Fed week again,...