Friday, October 29, 2021

"Some Economics of Sawdust"

›
 From The Conversable Economist, October 21: Cambridge University Press has published a 35th anniversary edition of The Economist’s View of ...

The Double Helix: "One of the Most Egregious Ripoffs in the History of Science"

›
From Nautil,us, October 20: J ames Watson once said his road to the 1962 Nobel Prize began in Naples, Italy. At a conference in 1951, he me...

Scarcity: "Nothing is New: 500 year old economic theory works great for hedgefund"

›
A repost from 2017 that seems timely today. From MetaFilter: 500 years ago, the School of Salamanca to the west of Madrid, reformulated ...

"Saxo Bank's crypto products rake in $2.5bn" (revenue)

›
 From CityAM, October 26: Online trading and investment platform Saxo Bank has announced booming intake from its crypto products amid surgin...

PricewaterhouseCoopers, Evergrande, Cayman Island Shell Companies, and Alec Baldwin: Whack News Roundup

›
Some of the recent stories at Wall Street on Parade:  Biden’s Nominee Omarova Has a Published Plan to Move All Bank Deposits to the Fed and ...

BEA: Personal Consumption Expenditures Price Index Year-over-Year Change, Up 4.4 Percent

›
From the BEA, October 29 : Change from Month One Year Ago September 2021 4.4 percent ...

GEOMAGNETIC STORM WATCH

›
This is potentially a "Big One." From SpaceWeather: GEOMAGNETIC STORM WATCH: A strong G3-class geomagnetic storm is possible on ...

"Amazon: Labor now ‘primary capacity constraint’ even as workforce approaches 1.5 million" (AMZN)

›
The stock is down $135.43 (-3.93%) at $3311.14. Here's the twelve-month chart via BigCharts : The $3200 area has been support over the ...

"We Need to Manage a Careful Retreat From Climate Change, Scientists Urge"

›
Mitigating potential disasters by retreating from coastlines, flood plains and forests is a good idea. Immediately halting any development i...

"Inequality is an urban affair, and it’s due to new tech"

›
One of the authors is the senior research economist at the Cleveland Fed and it is thanks to the bank's Twitter feed that we see the st...

"McDonald's hikes prices to offset wage increases, supply costs"

›
From The Hill, October 27: M cDonald’s is hiking the prices of its menu items in an effort to offset wage increases and supply costs as th...
Thursday, October 28, 2021

"Trafigura, Zimbabwe’s ‘Queen Bee’, and the question of a South African fuel trader"

›
This story is an example of what I thought some time ago that FT Alphaville might do more of, showcase FT journalists in an open access spot...

Fish: "...Detained British trawler’s crew ‘in good spirits’ and will remain on board boat in French port"

›
At the moment, the most in-depth version of events. From the Independent: ‘Our priority is for the welfare of the crew of the Cornelis,’ Sco...

Kim Jong Un Tells North Koreans To Lower Their Expectations, Eat Less Food Until 2025

›
From the Daily Mail, October 27: Kim Jong Un orders starving North Koreans to eat less food until 2025 - when the country expects to finall...

U.S. GDP Misses; Yield Curve Inverts At The Long End (20s/30s)

›
As always, the directionally challenged thank ZH for the arrow on the chart. Two From ZeroHedge: GDP Misses As US Economy Grows Only 2% In Q...

Capital Markets: "Eyes Turn to the ECB and the First Look at Q3 US GDP"

›
 From Marc to Market: Overview: The market awaits the ECB meeting and the first look at the US Q3 GDP. The pullback in US shares yesterda...
Wednesday, October 27, 2021

Shipping: "Wärtsilä to investigate use of ammonia in LNG-powered engines"

›
You know CMA CGM has to be all over this research, what with trying to do the right thing carbon-wise by buying their fleet of gargantuan LN...

Canada Plans To Spend $647.1 Million (Cdn) To Rehabilitate The Pacific Commercial Salmon Industry.

›
Or, and I'm just spitballing here, they could say to heck with the fishery, tell the fishermen they should have been more careful and us...

"Maersk: Supply Chain Situation Is An American ‘Growth Story’"

›
Two from gCaptain. First up, the headliner: In its latest update addressing supply chain disruptions, the world’s top shipping company Maer...

"How the Superrich Hedge Their Bets"

›
 A repost from 2015: This is very serious stuff. There are two questions you should be able to answer in the affirmative to establish a bas...