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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.

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Threat to democracy? How about messaging on the threat to employment

Employment will be on the minds of the financial press between now and 2 August when the jobs situation report data is released. Between now and then, two unemployment claims reports will be released and the Board of Governors of the Federal Reserve System would have made their decision on the federal funds rate. The … Continue reading Threat to democracy? How about messaging on the threat to employment

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What did Kamala Harris say today, and did it move the polls and prediction markets?

At 2:27 pm EST, we are waiting for Vice-President Harris to deliver remarks in Milwaukee, Wisconsin. Real Clear Politics has Ms. Harris at 46.6% in the polls while former president Donald J. Trump is polling at 48.5%. The prediction markets have shown incremental upward change in Ms Harris’ favor since earlier this morning. Polymarket has … Continue reading What did Kamala Harris say today, and did it move the polls and prediction markets?

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Kamala Harris v Donald Trump: At 11:25 am, what are the betting markets saying?

The buy price for a Donald Trump victory this November is $.58, according to political market site, PredictIt. Kamala Harris has a lesser chance of winning, with her buy price at $.44. That price has increased $.02 since around 9:18 am. The price likely jumped as Ms. Harris continued to pick up more endorsements. Another … Continue reading Kamala Harris v Donald Trump: At 11:25 am, what are the betting markets saying?

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Reassessing the strength of Black support for Kamala Harris.

Bloomberg yesterday reported that 44 million black women raised $1.5 million for Vice-President Kamala Harris within a three-hour period. Among the supporters were Bernice King, daughter of the late Dr. Martin Luther King, Jr; U.S. Representative Maxine Waters, Democrat of California; U.S. Representative Joyce Beatty, Democrat of Ohio; and U.S. Representative Jasmine Crockett, Democrat of … Continue reading Reassessing the strength of Black support for Kamala Harris.