Trump is pressuring Congress to ban investor buying. But Congress says no. Lawmakers Push Back on Trump’s Proposed Ban The Wall Street Journal reports Proposed Ban on Investors in the Housing Market Hits a Wall in Congress The White House is at loggerheads with Congress over one of President Trump’s signature […]
In AI-related moves, companies are stepping up job cuts. Amazon Message to Employees This morning, Amazon gave an Update On Our Organization on its corporate blog. I want to let you know that we’re making additional organizational changes across Amazon that will impact some of our teammates. I recognize this is difficult […]
Canada’s Prime Minister Mark Carney plays hardball with Trump. Hardball Canadian Style Please note Canada’s Carney Tells Trump ‘I Meant What I Said’ in Davos Canadian Prime Minister Mark Carney said he spoke to President Trump and told him he stands by his remarks last week issuing a call-to-arms among smaller […]
Narcissism. Five Reasons why it tends to get more extreme with age. The five points below are from an AI response to my question: Does Narcissism get more extreme with age? 1. The “Mask” Fades (Reduced Inhibition)When younger, narcissists often maintain a charming or successful persona to gain supply (admiration, […]
Trump threatens the EU with more tariffs. The EU has reacted in kind. EU to Halt Trade Deal with Trump Yesterday, I commented Trump Hits European Nations With Tariffs Until Deal Reached to Buy Greenland If you need another reason IEEPA tariffs are idiocy, you have one. Here’s the full blown […]
Buried in a modest gain of 41,000 jobs in the December ADP Report is a sobering new trend in white collar employment. Professional and Business Services Details Month-Over-Month Change in White Collar Jobs Net jobs from professional and business services plus information was negative for 8 of the last 9 months. Month-Over-Month […]
Beijing responds to Trump administration’s approval weapons package for Taipei with restrictions on firms and executives. China Sanctions US Companies China is upset the US is providing military equipment to China. In response, China Sanctions Boeing, Other U.S. Companies The Chinese government imposed sanctions on 20 U.S. defense companies and 10 […]
Tracking the Economic Impact of the Trump Trade War The Tax Foundation reports Trump Tariffs: Tracking the Economic Impact of the Trump Trade War What If Tariffs Enjoined? The new tariffs will significantly raise the tariff rates the US applies to most imports. According to the World Bank, the weighted average […]
Cuba was already in dire straits. Oil is the finishing touch. Cuba’s Economy Collapses Trump’s de facto declaration of war on Venezuela (a naval blockade is undoubtedly war) has taken a toll on two economies, Venezuela and and Cuba. The Wall Street journal accurately notes Communist-ruled Cuba was already suffering […]
Trump’s son-in-law Jared Kushner and Steve Witkoff have a new vision for Gazalago. Please note the highly implausible ‘Project Sunrise’ Plan to Turn Gaza Into High-Tech Metropolis Beachside luxury resorts. High-speed rail. AI-optimized smart grids. Welcome to “Project Sunrise,” the Trump administration’s pitch to foreign governments and investors to turn Gaza’s rubble into a futuristic […]