2/19/2025 Trevor Milton n 2022 now out of cash Yet another favored EV takes BK. An EV seems particularly odd for a heavy weight truck given the added weight of the batteries.

Friday 1/31/2025 In an extraordinary act of unity, 1,028 American professional economists in the spring of 1930 signed a letter urging Congress to reject and President Herbert Hoover to veto the Smoot-Hawley Tariff Act. Yet that June, Congress passed it and the president signed it into law. The Smoot-Hawley Tariff helped turn a stock market…

11/28/2024 hClick toread President Arnn's comments on our country

11/16/2024 Inflation is remaking America—again. It looms above all competing explanations for Donald Trump’s comeback. Despite the widespread belief that the worst economic cost of curing inflation—a steep recession—had been avoided, it turned out the political price had yet to be paid. The power of inflation to destroy a political establishment emerged clearly in the…

Monday 11/11/2024 Most companies are starting to figure out how artificial intelligence will change the way they do business. Chegg CHGG 0.00%increase; green up pointing triangle is trying to avoid becoming its first major victim. The online education company was for many years the go-to source for students who wanted help with their homework, or…

Monday  10/14/2024 One of my do not miss tv shows it the WSJ Editorial Board Report on Fox News Sat afternoon 2 00 PM CST. Dan Heninger observing the  62% six year raise gratned the Longshoreman suggested this was the start of another  1970s wage price Spiral.. Once a union gets a large settlement like…

Thursday Sept 12, 2024 A Quick tour of the World Economy Today let’s take a quick look at the markets and then a longer look at the world economy. Crude oil topped at  $84 last April. It fell all the way to $66 this week and then reversed. Today Thursday October Crude rallied $1.84. A…

Monday Jan 29 2024 HOng Kong Court Orders Lilquidatioin of what was China's largets real estate developer

The Very Big Picture   The banking system in the US is sound. Janet Yellen, US Treasury Secretary For updates on SVB et al see www.professorelam.typepad.com www.professorealmtypepad.com/markets If the banking system is in such good shape why did a group of big banks need to deposit $30 B at First Republic?  The better question is,…