Let’s Go… [DOT 9/1/23]

9/1/23 MegMegMcGee 19

It’s a whole new week!

Jan 6, Jan 8, potayto, potahto

Brazil protests: Bolsonaro denies role in violence as 300 arrested after his supporters storm congress – live
https://www.theguardian.com/world/live/2023/jan/08/brazils-presidential-palace-and-supreme-court-stormed-by-pro-bolsonaro-supporters-live

Hundreds arrested as Brazil authorities push rioters out of congress, court
https://www.washingtonpost.com/world/2023/01/08/bolsonaro-supporters-brazil-congress/

#merica gonna #merica

Virginia shooting of teacher by six-year-old ‘not accidental’, authorities say
https://www.theguardian.com/us-news/2023/jan/08/virginia-teacher-shooting-by-six-year-old

Stonks!

Stock futures inch higher to start the week
https://www.cnbc.com/2023/01/08/stock-market-futures-open-to-close-news.html

#RIP

Adam Rich, ‘Eight Is Enough’ actor, dead at 54
https://www.cnn.com/2023/01/08/entertainment/adam-rich-dead/index.html

Same.

Have a great day!

avataravataravataravataravataravataravataravataravataravataravataravataravataravataravatar

19 Comments

  1. As Diana Vreeland might have put it, “Why aren’t we seeing more men in crocheted afghans this season?”

    Happy Monday everyone. May we all be as productive as this little fella. Or gal. Is dam building the province of male or female beavers? Or do they both join in?

  2. Yesterday, I mentioned I was witness to a local witless anti-vax protest (and gave them the Trudeau salute.)

    They had a sign that said “Honk if you hate vaccines.”

    No one honked.

  3. If I were a parent there is no way in hell I’d ever want my kid to be a child actor. It seems more a cruel curse than anything. Unless they’re actually gifted actors, most end up developmentally arrested and/or arrested.

  7. What if Inflation Suddenly Dropped and No One Noticed?

    Maybe we should start the new year with some good news: Inflation has fallen dramatically.

    No, that’s not a prediction; it’s a fact. With one month remaining in 2022 (in terms of available data), inflation in the second half of the year has run vastly lower than in the first half. In fact—and this is astonishing—it’s almost back down to the Federal Reserve’s 2% target. Even more astonishing, hardly anyone seems to have noticed….

    Was the rest of the stunning drop in inflation in 2022 due to the Fed’s interest-rate policy? Driving inflation down was certainly the central bank’s intent. But it defies credulity to think that interest-rate hikes that started only in March could have cut inflation appreciably by July….

    What did change dramatically was the supply bottlenecks. Major contributors to inflation in 2021 and the first half of 2022, they are now mostly behind us.

    https://www.wsj.com/amp/articles/inflation-sudden-drop-12-5-month-cpi-pce-energy-food-new-year-price-federal-reserve-11672914903

    The opinion piece notes this is happening in both the Consumer Price Index, which is heavily influenced by short term jumps and declines in fuel and food, and core inflation, which focuses more on long term spending like housing.

    I’d argue that rises in both CPI and core inflation were worsened by corporations taking advantage of a free for all atmosphere as prices jumped, and jumping in to goose profits. It’s going to be harder to pull that off as prices stabilize and there’s less room to hide profit taking.

    • I was at a large regional chain store the other day and they had the Mike Pence display table all the way in the back by itself in front of the restrooms, lol.

Leave a Reply