Risks to the outlook include President Donald Trump’s global trade war — which is boosting prices and making some companies hesitant to invest — as well as a stock-market swoon and a fading of the effects from fiscal stimulus. At the same time, consumer optimism remains elevated amid a tight labor market and lower taxes, providing support for spending in the final quarter.
Across the country, homes that sold in the third quarter of this year had been owned an average of 8.23 years, according to an analysis from Attom Data Solutions. That’s almost double the length of time a home sold in 2000, when Attom’s data begin, had been owned.
It’s partly the long tail of the housing crisis that’s created stagnant conditions and a less dynamic housing market, Attom spokesman Daren Blomquist told MarketWatch.
Most blame the conspiracy mentality on a sense of profound lack of control in their lives, whether due to randomness or the machinations of others. In one study, research participants who were asked to remember instances over which they had no control, such as the weather, were more likely to accept a conspiracy theory than those who were asked to remember instances in which they do have control (eg what they wear or eat). In a similar vein, survey respondents who faced working conditions with reduced levels of control (eg long-term unemployment, temporary employment) expressed greater levels of a conspiracy mentality than those who had more control (eg permanent employment). The rationale behind this is that lacking control increases the need to engage in the compensatory illusion of control – that is, in conspiracy theories. Detecting patterns where there are, in fact, none at least leaves open the possibility of gaining control, whereas the attribution of, say, a natural disaster to unchangeable and uncontrollable weather dynamics does not.
Empire Of Illusion (Don R.)
Chris Hedges on Empire of Illusion
Stagflation or Price Stability (Wilson S.)
Due to the financial sector interrupting the flow of money supply to the economy, monetary policy has lagged impact on real economic activities. Enormous monetary expansion (printing money aka QE) following the global financial crisis (GFC) has inflated asset prices of all types, because the financial sector has acted as a liquidity trap, retaining the money for financial speculation. Money supply has not flowed smoothly to the real economy, only in fits and starts, leading to alternate periods of sluggish and vigorous inflation in producer and consumer prices.
“The Hart eSlate machines are not malfunctioning,” said Sam Taylor, spokesman for the office of Secretary of State, according to the Press Association news agency. “The problems being reported are a result of user error – usually voters hitting a button or using the selection wheel before the screen is finished rendering.”
The Hart eSlate machines in question are used in 30 per cent of Texas counties, including the state’s largest, Harris, which includes the city of Houston.
After he received the list, Palast said he analyzed it and discovered that 340,134 voters were purged when they shouldn’t have been. To do this, he consulted experts who cross-referenced voter data with a number of other databases including cell phone bills and tax filings to see if, in fact, any of these voters had actually moved. Many had not. A list of the purged voters’ names is available on Palast’s website. While it is too late for them to register for the upcoming midterm elections, they are still eligible to re-register for the 2020 presidential election.
So this has officially gone around the bend, and violence in the region has made that worse.
This is now probably going to skyrocket presently, because it’s going to keep spreading exposure faster than they can contain it and vaccinate around it, not least of which because they had over 40 burials that were not done properly, which exposes family members to the virus from contaminated corpses.
Only nine of 33 shale oil exploration and production companies reviewed in the report cited above had positive free cash flow for the first half of 2018. This is even though prices had risen all the way from a low of around $30 in 2016 to the mid-$70 range by the middle of this year.
The country has long been eager to exploit its estimated 300,000 to 850,000 tonnes of thorium – quite probably the world’s largest reserves – but progress has been slow. Their effort is coming back into focus amid renewed interest in the technology. Last year Dutch scientists fired up the first new experimental thorium reactor in decades, start-ups are promoting the technology in the West and last year China pledged to spend $3.3bn to develop reactors that could eventually run on thorium.
One solution is to eat less meat, says a new report by the Intergovernmental Panel on Climate Change (IPCC), a group of climate scientists working for the United Nations. But while that would obviously help us lower emissions, the researchers admit, isn’t realistic. “A complete shift to a vegetarian diet where protein comes from leguminous crops, global agriculture would need 80 million [hectacre] more arable land and 360 million [hectacre] less pasture land to feed the world’s 2050 population,” the study reads.
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