UBS predicts inflation has peaked, but
warns that March’s consumer price index
will still be really nasty
Posted By: NorthernDog, 4/8/2022 9:39:07 AM
On Wednesday, UBS warned investors that the March inflation read, set to come out on April 12, will likely be pretty ugly. That’s saying something considering the Consumer Price Index (CPI) already hit a four-decade high in February. The investment bank’s economists, led by Alan Detmeister, predict the annual rate of inflation, as measured by the CPI, will move to 8.5% in March. If they’re right, that would be the highest reading since December 1981, according to Federal Reserve data. While predictions of rising inflation aren’t uncommon these days, it may make sense to pay attention to UBS’s newly released
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The Centers for Disease Control and Prevention (CDC) issued a health warning about an outbreak of meningococcal disease in Florida, which the agency said is mainly affecting gay and bisexual men, including those living with HIV. The CDC urged gay and bisexual men and other men who have sex with men to get the MenACWY vaccine if they live in Florida. It also recommended that those planning to visit Florida talk with their healthcare provider about getting the vaccine. The agency added in the advisory that multiple meningococcal disease cases in college students have been reported in the state over
Ruy Teixeira is a liberal political scientist who has been sounding the alarm for the past decade about Democrats’ problems with Hispanic voters as well as working-class whites. And the state that most personifies the Democrats’ opportunities and challenges with these voters is Nevada. (Snip) But despite the state’s continued, rapid diversification, the margins for Democratic victories have been narrowing. But hidden in these facts are some troubling signs. Despite rapid diversification, the Democratic margin in Presidential elections from 2008 to 2016 declined sharply from 12.5 to 2.4 points. And in 2020, as the Democrats gained ground in the country
Disney family member calls on company
to ‘muster the courage’ to counter
conservative outrage 43 replies
to ‘muster the courage’ to counter
conservative outrage 43 replies
The granddaughter of Disney co-founder Roy E Disney has called on her family’s company to “muster the courage” when it comes to taking a stance on important issues. In opinion piece for The Washington Post published on Friday, Abigail Disney pointed to outrage over Disney’s response to Florida’s so-called “Dont Say Gay” bill as a reason why bosses should speak out on issues including LGBT+ rights. (Snip) “To find its way again, Disney needs to muster the courage to weather the momentary outrage of people who will not be satisfied until they have erased an entire class of human beings,”
On Wednesday, UBS warned investors that the March inflation read, set to come out on April 12, will likely be pretty ugly. That’s saying something considering the Consumer Price Index (CPI) already hit a four-decade high in February. The investment bank’s economists, led by Alan Detmeister, predict the annual rate of inflation, as measured by the CPI, will move to 8.5% in March. If they’re right, that would be the highest reading since December 1981, according to Federal Reserve data. While predictions of rising inflation aren’t uncommon these days, it may make sense to pay attention to UBS’s newly released
In the war for the hearts, minds and corporate relocations of businesses, Chicago has fired another shot across the bow at three Sun Belt rivals over recent legislation targeting the LGBTQ+ community, such as the Florida education law critics have dubbed “Don’t Say Gay.” World Business Chicago, the city’s public-private economic development arm, bought full-page ads Thursday in the Orlando Sentinel, Dallas Morning News and Phoenix Business Journal to launch a new marketing campaign and promote Chicago as a more inclusive business climate. “In Chicago, We Believe,” takes on a lightning rod issue that has led a growing number of
A renewable energy company was given five-year probation and ordered to pay more than $8 million in fines after the deaths of 150 bald and golden eagles on their wind turbines. NextEra Energy subsidiary ESI Energy pleaded guilty to violating the Migratory Bird Treaty Act, per a press release from the Department of Justice. The Act prevents anyone from killing or taking parts from protected birds without permission from the federal government. Golden and bald eagles are further protected by federal law. The company pleaded guilty to three specific deaths, which prompted the fines, per the DOJ. As part of
According to a new Yahoo News/YouGov poll, more than three-quarters of Republicans (76%) support Florida’s controversial new “Don’t Say Gay” measure, which seeks to silence any discussion of sexual orientation or gender identity in public elementary school classrooms by allowing parents to sue if they believe teachers have broached those subjects. (Snip) What may be more unexpected is that the new survey of 1,618 U.S. adults, which was conducted from March 31 to April 4, found that nearly a quarter of Democrats (24%) also think it should be “illegal” for “teachers or other school personnel to discuss sexual orientation or
Congressman says he was the victim of
an 'unprovoked' attack by a fox outside
the Capitol 37 replies
an 'unprovoked' attack by a fox outside
the Capitol 37 replies
Democratic Rep. Ami Bera of California said on Tuesday that he was the victim of an "unprovoked" attack by a fox outside of the US Capitol on Monday evening. Bera said the attack occurred in the park area just north of the Capitol by Russell Senate Office Building, "I was just walking, as I often would, over by that park," the congressman explained to Insider and a group of other reporters. "I felt something lunge — totally unprovoked — at the back of my leg." Bera added that it "felt like a small dog" had attacked. "I don't know if it actually
PHILADELPHIA, Pa. – A former New York City stripper is running as a Democratic candidate for Congress in Philadelphia’s 3rd District. Alexandra Hunt, 28, wants to show Philadelphia voters in the 3rd district that she is not scared to speak up for the people. Hunt spoke to the Philadelphia Democratic Committee on Saturday, knowing they wouldn’t endorse her. (Snip) Hunt is an advocate for social, racial, economic and environmental justice. She became very passionate about these concerns when she attended a suburban school while living in the inner city of Rochester, New York. Due to her past, Hunt knows some
An elderly couple on a cross-country road trip has vanished “into thin air” somewhere in the Nevada desert. Ronnie Barker, 72, and his wife Beverly Barker, 69, left Oregon on their way to Tuscon more than a week ago but “It is literally like they fell off the face of the earth, like they just vanished,” the couple’s daughter, Jennifer Whaley, told KVVU. “We have hope, but as each day goes by, it’s very hard to stay positive. We’re trying.” They were last observed in surveillance camera footage on Sunday 27 March driving along Highway 95 in a 32-foot Forest
WORCESTER, MASS. - A Worcester Catholic school has flown the Pride and Black Lives Matters flags for more than a year, but now the Worcester bishop is calling for school leaders to take the flags down. The Nativity School of Worcester, a Jesuit middle school, started flying the flags in January 2021. But in a statement, Bishop Robert J. McManus said the flags contradict the school’s teachings. “The flag with the emblem Black Lives Matter has at times been coopted by some factions which also instill broad-brush distrust of police and those entrusted with enforcing our laws. We do not
A Pennsylvania school on Monday started limiting the amount of snacks students can bring to school, sparking outrage from some parents. A Facebook post from Aliquippa School District posted last week said that Aliquippa Junior/Senior High School students had started bringing an "excessive amounts of outside snacks," like shopping bags full of chips and canned drinks. Because of that, students' bags will be searched, the district said in the post. Anything more than one 4-ounce bag of chips and one beverage up to 20 ounces will be thrown out by security. Students who pack lunch will not get an
Most Active Articles (last 48 hours)
National Review’s Kevin Williamson is urging conservatives to divorce, or at least, separate, for a time, from the Republican Party -- that is, from the Donald Trump-led Republican Party.
In a recent column, Williamson claims that what he calls “sensible conservatives” twenty years ago or so “could take a realistic, instrumental view of the GOP and find it reasonably useful for our ends.” But not today. Not when the Republican Party consists of “vulgar” populists and “infantile” nationalists who loathe free trade, free speech, the U.S. military, and libertarians.
Joe Biden’s pro-migration border chief says the “core founding principle” of the United States is “equity,” and that he is building an immigration system built on “equity.”“It is all about achieving equity, which is really the core founding principle of our country,” Alejandro Mayorkas declared at a meeting hosted by Al Sharpton’s National Action Network.“We, as a Department of Homeland Security [DHS], are your Department of Homeland Security as much as anyone else’s and we need to live that in the equity that we demonstrate,” he told the mostly black audience.
The Centers for Disease Control and Prevention (CDC) issued a health warning about an outbreak of meningococcal disease in Florida, which the agency said is mainly affecting gay and bisexual men, including those living with HIV. The CDC urged gay and bisexual men and other men who have sex with men to get the MenACWY vaccine if they live in Florida. It also recommended that those planning to visit Florida talk with their healthcare provider about getting the vaccine. The agency added in the advisory that multiple meningococcal disease cases in college students have been reported in the state over
Last week Cook Political Report posted an analysis of the House midterm election which said “Both sides see the possibility of a Red Tsunami in 2022.” But the rest of the Cook piece argued that because of redistricting changes 2022 can’t possibly equal a tsunami like the one in 1994 when Republicans won 54 seats. There are simply not as many competitive seats in the House as there used to be. So the author ultimately predicted a more modest wave:
Every metric we use to analyze the political environment — the president’s approval rating, the mood of the electorate, the enthusiasm gap — all point to huge gains
On Thursday, NATO held an emergency meeting about Russia’s increasingly horrific and atrocity-filled invasion of Ukraine. However, unlike most NATO meetings, this one was substantive.
For starters, the attendees were not only NATO nations; there were also observers present: the European Union, Sweden, Finland, Georgia, Japan, South Korea, Australia, New Zealand, and Ukraine. If Putin was afraid of being surrounded before, he should take a quick look at his map now (just a reminder that Japan and Russia still have an unresolved border dispute, see Russia conducts military exercises in disputed islands). As if to validate the stereotype of the Germans being
Former President Donald Trump endorsed celebrity doctor Mehmet Oz in Pennsylvania’s U.S. Senate Race on Saturday after his initial pick, Sean Parnell, dropped out amid a contentious custody battle with his estranged wife last fall.Trump said his endorsement of Oz is “all about winning elections in order to stop the Radical Left maniacs from destroying our Country.” (Tweet) “The Great Commonwealth of Pennsylvania has a tremendous opportunity to Save America by electing the brilliant and well-known Dr. Mehmet Oz for the United States Senate,” Trump said.
Take the jab or the boy gets it. That’s essentially the message the Cleveland Clinic is sending to the parents of 9-year-old Tanner Donaldson, who will soon need a kidney transplant. He was born with a rare birth defect, posterior urethral valves (PUV), a condition that caused irreversible kidney damage in utero and resulted in stage 4 chronic kidney disease (CKD).
Dane Donaldson, Tanner’s father, told PJ Media that his son’s kidney function is currently between 15-20%, but his numbers have been ticking up lately, so they feel he is nearing the time when a transplant will be necessary. They’ve known since birth that Tanner would eventually need the transplant
Julian Lennon broke his longstanding vow never to perform his father’s most iconic solo song, “Imagine,” during a benefit for Ukrainian refugees Saturday.“Today, for the first time ever, I publicly performed my Dad’s song, ‘Imagine’,” Lennon, 59, wrote on YouTube. “The song reflects the light at the end of the tunnel, that we are all hoping for.”The singer-songwriter son of Beatle John Lennon presented the cover version of his father’s ode to peace as part of the Stand Up For Ukraine campaign,
Pelosi dunzo? "Couldn't pay me a billion
dollars" to run for speaker again, claims
new book 18 replies
dollars" to run for speaker again, claims
new book 18 replies
Will we ever have a time in politics where we won’t have Nancy Pelosi to kick around anymore, to paraphrase Richard Nixon? According to a new book from New York Times reporters Jonathan Martin and Alex Burns, that time may come sooner than you think, but not necessarily for the reasons you’d assume. Punchbowl offers a big preview of This Will Not Pass, due out on May 3, and of Pelosi’s disgust with her caucus and the White House.
The average price of gasoline hovers around $4.139 per gallon at the moment and some people are putting their frustrations into action by taking to the streets with stickers. Yes, stickers. All across the country, people are placing stickers on gas pumps that depict President Joe Biden pointing, if placed correctly, at the price of gas with “I did that” scrawled beneath. One Lancaster County man was arrested, however, after an employee at a Turkey Hill convenience store saw him placing a Biden sticker on a gas pump there on March 31.
Alabama Passes Bill Banning Sex-Change
Treatments for Kids, Jailing Participating Doctors 16 replies
Treatments for Kids, Jailing Participating Doctors 16 replies
The Alabama Legislature passed a bill Thursday criminalizing sex-change treatments for children, including puberty blockers, cross-sex hormones, and surgeries.
If signed by Alabama Gov. Kay Ivey, a Republican, the bill would treat the castration of children and other sex-change treatments as Class C felonies. Such felonies carry a penalty of up to 10 years in prison for medical practitioners, Politico reported.
The legislation would ban medical treatments done for the purpose of changing a child’s appearance or affirming his or her gender identity, including drugs that halt healthy puberty; cross-sex hormones; surgical sterilizations such as castration, vasectomies, and hysterectomies; cosmetic genital reconstruction surgeries; and removal of healthy body parts.
Very often, when companies go woke, it turns out that the wokeness is a cover for changing market forces. That is, they're not alienating traditional demographics; they're reflecting that their money is coming from new demographics. When it comes to Hollywood and the NBA, for example, the big bucks are coming from China, not America. And when it comes to Disney, the main profit center isn't children; it's young adults who, Peter Pan–like, refuse to grow up.
The brilliant Daniel Greenfield makes this point in an article entitled "Disney's Business Model is Turning Kids into Dysfunctional Adults: Its customer base isn't kids. It's messed up adults."
Comments:
Experts are promising that inflation will get better real soon. So far, they are always wrong.