Suicide: perhaps the most interesting story, for so many reasons, the article from The Wall Street Journal, yesterday, "Obama economic advisor Alan Krueger dead at 58, suicide." Data points:
- top labor-market expert and former chairman of Council of Economic Advisers, suicide according to family statement
- one of the nation's most influential labor-market experts
- wrote papers on topics including rock 'n' roll concerts, roots of terrorism
- a chief economist at the Labor Department during the Clinton administration
- examined the impact of a state-level minimum-wage increase in New Jersey by comparing fast-food employment there to neighboring Pennsylvania; finding -- the minimum-wage increase did nto reduce employment; challenged a long-held assumption in economics
- first person to teach there is nothing more painful for an unemployed person to do than search for a job
- [I can't recall if I've posted that before but I've argued that the most important thing for a man is work; work defines a man -- and I'm being sexist there -- specifically saying "man" and not "men and women"]
- it is ironic that a man whose center of study and concern was his contention that there is nothing more painful for an unemployed person to do than search for a job and yet this individual worked for a president who seemed oblivious to this, not concerned about putting people out of work
- on the other hand, we now have a president whose main domestic concern is getting people back to work
Sports: I don't think I've ever watched a more miserable NBA team than the current Dallas Mavericks. I'm not saying there are not worst teams; I'm saying that I've never watched a more miserable NBA team; they are pathetic. Last night's home game again the New Orleans Pelicans -- another loss. On another note, Dirk made four points in last night's loss to the Pelicans but that moved him ahead of Wilt Chamberlain in the NBA all-time scoring record.
The market, futures: up almost 120 points -- these are pre-market --
- WTI: holding its recent gains; remarkable;
- D: down 1%
- Tesla, down 1%; could open below $267/share
- XLNX, up slightly;
- UNP, --
- AAPL, up slightly;
- RDS-B, --
- CVX, --
- COP, --
- BRK-B, --
- NOG, up slightly in pre-market trading; we don't often see NOG trading pre-market;
- OAS, --
- EOG, --
- EW, --
- JAG, down slightly in pre-market trading; we don't often see JAG trading pre-market;
*************************************
Dakota
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.