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I’m not expecting any political events to move the political events markets today …

Also, how fickle are Ms. Harris’ supporters? Ms. Harris’ popularity last year around this time was on par with the low approval ratings received by President Biden. Ms. Harris is enjoying a climb in the preference department, but as her record is challenged, will enough of her initial supporters jump ship and numbers move back in favor to Mr. Trump? Continue reading I’m not expecting any political events to move the political events markets today …

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As I wait for Kamala Harris’ inflation plan, I am convinced she knows nothing about monetary policy.

When you think about government, you should allow yourself to go outside the box. It means looking at the realities of human behavior and how we relate to each other. The only reason humans force themselves to be together is for the exchange of value. The values exchanged could be promises of physical protection exchanged … Continue reading As I wait for Kamala Harris’ inflation plan, I am convinced she knows nothing about monetary policy.

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Utilities did not escape the markets worries about the economy.

Southern Company reported that its stock price fell to $86.57, down $2.01, or 2.27%. That was in line with the decrease in the S&P Utilities Select Sector Index which fell approximately 2.69% from 751.69 to 731.47. The markets are reportedly spooked by perceived slowdown in the economy and the possibility that companies pushing artificial intelligence … Continue reading Utilities did not escape the markets worries about the economy.

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Jobs report may have voters asking whether Harris or Trump is the better steward of the future economy

The U.S. Bureau of Labor Statistics reported that 114,000 jobs were created in July 2024. That is a miss from the 175,000 added jobs estimated by the financial markets. Unemployment has ticked up to 4.3%, another miss from the consensus estimate of 4.1%. Most job growth occurred in the non-productive sectors of the economy, namely … Continue reading Jobs report may have voters asking whether Harris or Trump is the better steward of the future economy

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Traders and activist investors: Stakeholder analysis of parties to a regulatory action.

Ten years ago, I was asked to represent a social justice organization before the Florida Public Service Commission. The Commission was considering its ten-year integrated resource plan. By general definition, an integrated resource plan is a utility’s description of its resource needs, policy goals, physical, economic, and financial needs, and proposed roadmap for meeting those … Continue reading Traders and activist investors: Stakeholder analysis of parties to a regulatory action.

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In the immediate term, the next president will have to think about who the next Fed chair will be.

It is tough to nail down Ms. Harris’ view on the currency and interest rates since Mr. Biden’s announcement three days ago that he was discontinuing his campaign for a second term. So far, her outreach efforts have included a couple speeches to black sororities, a meet and greet with her campaign staff in Wilmington, … Continue reading In the immediate term, the next president will have to think about who the next Fed chair will be.

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Netanyahu addresses Congress. No slow down or turning back.

2:02 pm. As we wait on Israeli prime minister Binyamin Netanyahu to speak, the USD/ILS is trading at 3.6470, according to data from x-rates.com. 2:08 pm. Netanyahu begins his remarks. “We meet today in the crossroads of history”, says, Netanyahu, telling Congress that in the Middle East there is a clash between barbarism and civilization” … Continue reading Netanyahu addresses Congress. No slow down or turning back.