With unemployment at a near 50-year low, the share of Americans mentioning the economy as the nation’s most important problem was near the lowest on record in October at 13 percent, according to a Gallup poll. That’s down from a peak of 86 percent during the Great Recession of 2007 to 2009 and as high as 53 percent in 2014.
Kemp is locked in a tight race with Stacey Abrams, a former Democratic leader in the Georgia House. On Monday, his spokesman said the vulnerabilities raised could not be replicated. “There was nothing to substantiate” the claims, said Kemp spokeswoman Candice Broce.
But the truth is, the largest ever amount of printing happened in 2015, ’16, and ’17. Those in ’16 and ’17 in particular. Those were the years. If you want to understand why things denominated in freshly printed money go up in price, you don’t need a PhD in economics. It’s just how it works. And the central banks printed like crazy, tens of trillions, shoved it into the markets and guess what happened? Exactly what we predicted in the Crash Course in 2008.
Wilson, who had been making ominous calls about the stock market even as benchmarks were recovering from their February corrections, where the S&P 500 and the Dow fell 10% from their late-January peaks, said the “heavy lifting” of the market downdraft may be over, but another problem could be creeping in: margins.
Critics have called the deployment a political stunt. Defense Secretary James Mattis, however, downplayed that criticism last week. “The support that we provide to the secretary for Homeland Security is practical support based on the request from the commissioner of customs and border police. We don’t do stunts in this department,” he said Wednesday.
Harvard University’s Joint Center for Housing Studies released a report estimating that the explosion of remodeling activity would trickle off a bit in 2019. It’s not that remodeling expenditures are expected to decline. The same study predicted that Americans would spend $353.1 billion on home improvements and repairs in the third quarter of 2019 – an increase of $22 billion year over year.
The Canadian Broadcasting Corporation reported that workers at stores in Newfoundland were blindsided by the news, as were representatives of the Atlantic Canada Regional Council of Carpenters, Millwrights and Allied Workers, a union that represents numerous Rona employees.
Nearly one in every four murders around the world takes place in just four countries: Brazil, Venezuela, Mexico and Colombia. Last year, a record 63,808 people were murdered in Brazil. Mexico also set a record at 31,174, with murders so far this year up another 20%.
A cure for cancer: how to kill a killer (Sparky1)
It’s estimated that nearly 40% of us will be diagnosed with cancer in our lifetimes and, until very recently, we’ve had three basic options for dealing with that news. We’ve had surgery for at least 3,000 years. We added radiation therapy in 1896. Then in 1946, chemical warfare research led to the use of a mustard gas derivative to poison cancer cells and the advent of chemotherapy. More recently, we also started poisoning cancer through drugs that attempt to starve tumours of nutrients or blood supply.
China’s action stands in sharp contrast to the country’s moves to combat poaching in recent years. The country has had a 25-year-old ban in place preventing the import or export of these products. And the World Federation of Chinese Medicine Societies—the official group that dictates what can be used in traditional medicine—also removed rhino horn and tiger bone from its list of products approved for use on patients (though the market still existed for them).
“Air cargo has continued to grow, albeit slower than last year, owing to a lack of access to new freighter capacity which has hindered growth. We are predicting about 4% growth this year over last year, and the five-year growth rate is approaching 5%. This is much better than the last decade when growth was approaching 3%, which had to do with the fact that we had an economic downturn in 2008-09.”
Will Colorado deal the shale oil boom a blow? (Thomas R.)
If approved, the ballot question would eliminate future drilling locations in a chunk of the surging Denver-Julesburg, or DJ, basin in Colorado, one of the nation’s largest oil-producing states. Much of the Colorado land held by oil companies like Anadarko Petroleum (APC) and Noble Energy (NBL) would suddenly be off limits to new drilling.
Why Oil Prices Will Fall In 2019 And Beyond (Michael S.)
That’s a bit of financial jargon, but the gist is that traders are suddenly less concerned that high-cost producers will be needed to supply the marginal barrel. Earlier this year, when Iran sanctions were announced and fears about Permian bottlenecks permeated into the market, oil futures prices rose sharply, with Brent five-year prices rising from $57 per barrel in May to $68 per barrel in September. This can be boiled down to investors believing that the oil market will need high-cost production in the years ahead to supply the marginal barrel, as low-cost producers are at their maximum levels.
From farmer to grocer, the whole modern industrial food production and delivery stream depends on predictable uniformity. For field crops, seeds must germinate at the same time, and plants must grow uniformly. Grain must mature uniformly so that a farmhand swinging a scythe or driving a combine can harvest a field in a single sweep. For horticultural crops, packing lines work best when fruits have predictable shapes and sizes to be sorted into standardized boxes. Retailers don’t like it when some fruits arrive ripe, others are immature, and the rest are rotten. Given a choice, most customers will leave the oddly shaped tomato or the unevenly colored orange in the bin.
Gold & Silver
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