Saturday, April 25, 2026

As an inflation fighter, Jerome Powell turned out to be twice as bad as Arthur Burns

Under Powell core pce inflation exceeded 10Y yield for 4 consecutive years (2020-2023).

Under Burns it was for only 2 (1974-1975).

The Bernank was Fed chair in 2012 when inflation only just barely outran 10Y yield.

 


Well, Trump did promise to triple the mine sweepers in the Strait of Hormuz lol

 




Thursday, April 23, 2026

Strait of Hormuz/Bab-el-Mandeb Strait JMIC Update 036 for 16-22 April 2026 tanker traffic

SoH E tankers: 2.57 per day April 16-22

SoH W tankers: 2.00 per day

Normal (2022): ~70.00 total per day

Down 93% 

BAM tankers SE: 6.57 per day April 16-22

BAM tankers NW: 6.28 per day 

Normal (2022): ~30.00 total per day

Down 57% 

 



Trump approval makes another new low in Real Clear Average, disapproval makes another new high

 


Ruh roh, he didn't say "two weeks"

 Trump says Americans should expect higher gas prices for ‘a little while’

Adjusted for inflation from 1995, the average mortgage payment in 2025 was 37% higher than it might have been


 

 In June 1995 the average mortgage payment in the United States was roughly $773.

Adjusted for inflation to June 2025 that's $1,635.

The actual average mortgage payment in 2025 was about $2,235.

Bill Clinton teeming up with Republicans in 1997 to turn our homes into mere commodities has really worked out great, hasn't it?

Especially for young people. 

The median age of a first time home buyer in 1995 was 29. 

In 2025 it's 39.

But your GOP-controlled U.S. Senate couldn't care less.

It stayed up late last night to scheme for more money for ICE even though ICE is completely incompetent to deport illegal aliens, but it never stays up to solve the most pressing problems of America's younger generations.

The blindness is mind-boggling.

Study finds that female liberals believe words can harm, tend to be emotionally less stable, see themselves as victims, experience higher levels of anxiety and depression, support laws which make you stfu

... “People higher in the belief that words can harm tended to be younger, female, non-White, and politically liberal.”

... restricting speech feels like protection as opposed to censorship.

... mental health appears to influence political ideology more than political ideology influences mental health, with increases in psychological distress predicting a subsequent shift toward political liberalism. 

... the most empathic people support the least tolerant policies. ... 

More.

Just a coincidence, I'm sure


 

Trump orders Navy to ‘shoot and kill’ boats laying mines in Hormuz Strait

Komrade Karoline insists that Iran does not control the Strait of Hormuz

"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command."

  

Weasels are most active at night

 


Although the trend for continued claims for unemployment is slightly up since Nov 1, 2021, the overall trend for initial claims remains down since then

The average weekly figure for initial claims in 2025 was historically very low at 224,490, and for 1Q2026 it's up only 3.7% from that, to 232,826.

The average weekly figure for continued claims in 2025 was 1,923,140, and for 1Q2026 it's 2,140,439, up 11.3%.