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Thursday, November 21, 2024

2:00PM Water Cooler 5/1/2024 | bare capitalism

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By Lambert Strether of Corrente.

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Hen Tune of the Day

American Robin, Huge 4 Path–Thorntown Trailhead, Boone, Indiana, United States.

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In Case You Would possibly Miss…

(1) Trump’s plans (interview).

(2) Unhealthy polling information for Biden.

(3) Jobs numbers.

(4) Marijuana to Schedule III, proposes DEA.

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Politics

“So lots of the social reactions that strike us as psychological are the truth is a rational administration of symbolic capital.” –Pierre Bourdieu, Classification Struggles

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2024

Lower than a yr to go!

RCP Ballot Averages, April 26:

Nationwide outcomes are nonetheless transferring Biden’s means. However all of the Swing States (extra right here) are transferring Trump’s means, though in tiny increments. It’s exhausting to attribute this consistency to mere probability. “All” with one exception: Pennsylvania. If Susie Wiles is such a mind genius, why isn’t she fixing this?

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Trump (R): “Donald Trump vows to beat ‘communists, fascists and lunatics’ at his New York trial” [Cindy Adams, New York Post]. “Donald to me: ‘I’m on trial with a completely rigged and conflicted choose, submitted by a DA who’s corrupt, incompetent and permitting violent crime all around the metropolis. New York goes to hell — however they go after Trump.’ A couple of private phrases, then: ‘My solely thought is to beat the communists, fascists and lunatics that we’re all having to place up with, hopefully for less than a bit of longer.’” • So Trump is positioning himself as a centrist?

Trump (R): “How Far Trump Would Go” (interview) [Time]. “What emerged in two interviews with Trump, and conversations with greater than a dozen of his closest advisers and confidants, have been the outlines of an imperial presidency that will reshape America and its function on the earth. To hold out a deportation operation designed to take away greater than 11 million folks from the nation, Trump informed me, he could be prepared to construct migrant detention camps and deploy the U.S. navy, each on the border and inland. He would let purple states monitor ladies’s pregnancies and prosecute those that violate abortion bans. He would, at his private discretion, withhold funds appropriated by Congress, in keeping with high advisers. He could be prepared to fireplace a U.S. Legal professional who doesn’t perform his order to prosecute somebody, breaking with a convention of impartial regulation enforcement that dates from America’s founding. He’s weighing pardons for each certainly one of his supporters accused of attacking the U.S. Capitol on Jan. 6, 2021, greater than 800 of whom have pleaded responsible or been convicted by a jury. He may not come to the help of an attacked ally in Europe or Asia if he felt that nation wasn’t paying sufficient for its personal protection. He would intestine the U.S. civil service, deploy the Nationwide Guard to American cities as he sees match, shut the White Home pandemic-preparedness workplace, and workers his Administration with acolytes who again his false assertion that the 2020 election was stolen. Trump stays the identical man, with the identical targets and grievances. However in particular person, if something, he seems extra assertive and assured. ‘After I first obtained to Washington, I knew only a few folks,’ he says. ‘I needed to depend on folks.’ Now he’s in cost.” And: “In a second time period, Trump’s affect on American democracy would prolong far past pardoning powers. Allies are laying the groundwork to restructure the presidency according to a doctrine known as , which holds that lots of the constraints imposed on the White Home by legislators and the courts needs to be swept away in favor of a extra highly effective Commander in Chief.” • The speculation of the unitary govt, invented by Dick Cheney beneath Bush in certainly one of his extra crazypants moments, and broadly ridiculed. And right here it’s once more. Your complete article is price studying in full. (It’s not that Biden’s pandemic response doesn’t suck; it does, clearly. However I would love the White Home pandemic preparedness workplace to operate, not be abolished. Sadly, we don’t have a candidate who’s asking for my vote on these grounds.

Trump (R): “Find out how to watch the Trump veepstakes” [Semafor]. “When it comes all the way down to it, the “veepstakes” is de facto one thing else solely: A map to the competing factions of the previous president’s orbit. Trump himself is allergic to course of, assured in his personal thoughts, and if he’s made it up, he hasn’t informed anybody. And so totally different nameless Trump whisperers supply totally different lists, in ranked order…. Most additionally add an apparent caveat: That the vice presidential choose comes all the way down to who Trump desires, and that they don’t have any actual confidence in their very own guesses. ‘99% of the folks claiming they know who’s up or who’s down are both filled with it or have their very own agenda,’ one other particular person in Trump’s orbit texted Semafor. ‘The fact is the one factor Trump is really centered on proper now’s his personal trial.’ There may be, in parallel, an precise course of transferring towards Trump’s vice presidential choice, at or earlier than the Republican Nationwide Conference in Milwaukee in mid-July. The previous president’s high aides have already begun narrowing down a listing of great choices and vetting them. However who Trump himself really desires is a thriller, and other people near him word that he has a behavior of floating totally different names to totally different folks.”

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Biden (D): “The ‘Biden bump’ that didn’t final lengthy” [Washington Examiner]. “‘The election is clearly altering now, transferring in direction of Biden,’ the influential Democratic strategist Simon Rosenberg declared on March 26. ‘The Biden bump is actual.’ For Republicans, Rosenberg is somebody price listening to. He was proper in regards to the nonexistent ‘purple wave’ that many within the GOP anticipated again in 2022. When he mentioned the election was transferring, it was price noting… On Sunday got here a ballot from CNN that was merely devastating for the president’s reelection hopes. Bear in mind, a ballot is only a freeze body of the race at this second. It doesn’t imply issues gained’t change sooner or later. However it provides us an thought of the place issues stand proper now. And the CNN ballot confirmed Biden’s standing deteriorating earlier than our eyes. The headline was that the ballot confirmed Trump with a 6-point lead over Biden, 49% to 43%, in a head-to-head nationwide matchup. And, as of now at the very least, many citizens say they’ve made up their minds. . That means lots of people have very robust emotions that they don’t anticipate to alter. One other downside for Biden was that the ballot was taken from April 18 to 23, when Trump’s trial in Manhattan was underway and the topic of wall-to-wall information stories. So voters knew about it — they couldn’t keep away from it — and extra of them nonetheless most popular Trump to Biden. Much more damaging for Biden was that when requested to evaluate each the Trump and Biden presidencies, .” • Whoops.

Biden (D): “Biden is aiming more and more private and sarcastic jabs at Trump” [WaPo]. “Biden appears much more prepared this time to fireplace private insults at Trump, apparently aimed toward moving into his rival’s head and beneath his pores and skin and probably drawing him right into a tit-for-tat. The tactic thrusts Biden, who has constructed a profession as a congenial politician who’s above name-calling and denigration, right into a extra personally combative type of politics…. ‘The 2024 election is in full swing. And, sure, age is a matter,’ Biden mentioned throughout the White Home Correspondents’ Affiliation dinner final weekend. ‘I’m a grown man working towards a 6-year-old.’” I really laughed at that, so kudos to Biden’s writers. Extra: “Aides to the Biden marketing campaign mentioned a clip of the remark obtained extra engagement than virtually any of its different social media posts previously month. It’s a big change. Early in his presidency, Biden prevented even saying Trump’s identify… Biden has constructed a picture as a politician who cares about civility and desires to unify a divided nation. He talks frequently about not being introduced as much as make enjoyable of others…. Biden’s present technique of taunting his rival, in a way embracing Trump’s personal ways, dangers undermining a fastidiously wrought picture. Trump marketing campaign spokesman Steven Cheung recommended that Biden will lose a battle of dueling assaults. ‘Crooked Joe and his floundering marketing campaign do not know what’s about to come back their means,’ Cheung mentioned.” That’s fascinating. It feels like a menace. Extra: “‘Other than making an attempt to clarify away shedding his reminiscence, shuffling his toes like a short-circuited Roomba and falling on his a– again and again, they’ll need to take duty for his or her out-of-control border, runaway inflation and surging crime charges which have decimated each American.’” • I don’t see the change in tone as strategic in any respect; I simply suppose Biden’s pandering to his base, who love that snarky, late-night-comedian stuff.

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Kennedy (I): “The rising RFK Jr coalition” [Unherd]. “To carve out a path to energy RFK should collect an unlimited variety of signatures to enter the poll in every state; in New York, which has essentially the most stringent poll legal guidelines within the nation, he has to acquire 45,000 signatures in 45 days. However that’s what he’s hoping to do in Lengthy Island. ‘No different presidential candidate in historical past has obtained this many signatures in such a brief house of time,’ he says. ‘We should vote out of hope — not worry.’…. Whereas RFK’s views on Covid are well-documented, starting from the credible to the crankish, it will be deceptive to characterise all his supporters as militant anti-vaxxers. Many would fairly emphasise the significance of medical freedom basically. ‘I used to be vaccinated however I used to be towards the shutdowns and mandates,’ John Myers tells me. ‘However this isn’t only a Covid factor — it’s about the fitting to decide on what’s greatest for you and never have the federal government inform me what to do.’ This libertarian streak runs by means of all Kennedy’s supporters. They clutch indicators studying ‘restore the structure’, ‘farms not pharma’ and ‘LIBERTY!’. And so they imagine in him. His heterodox worldview implies that he can look like all issues to all folks: to progressives, Kennedy is the nice environmentalist who took on Monsanto and cleaned up the Hudson river; to conservatives, he’s a God-fearing Christian who believes within the structure (together with the second modification), small authorities and particular person liberty. And because of this, he attracts folks from each side of the political aisle…. He’s the avatar of a newly rising political and cultural local weather, a temper even, that’s distrusting of these in energy. Burned by the 2008 recession, dismayed by the Nice Awokening, and radicalised by Covid, many within the nation are searching for one thing totally different…. For now, Kennedy has made the poll in 9 states, and this week, he’s anticipated to announce an extra three. Given the tepid ranges of enthusiasm for each of the primary candidates — and a want for one thing new — there would possibly simply be a tiny window for an rebel candidate to take advantage of.”

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Republican Funhouse

“How a Few Secret Donors Are Fueling the New Proper-Wing Infrastructure” [Mother Jones]. “Created in 2012, the Bradley Impression Fund is a donor-advised fund (DAF) “aligned” with the Milwaukee-based Lynde and Harry Bradley Basis, which has a protracted historical past of conservative affect and, of late, has develop into a supply of cash for organizations pushing Republicans to alter election legal guidelines. Donor-advised funds, such because the Bradley Impression Fund, accumulate donations from numerous contributors after which make usually untraceable items to different organizations. An more and more fashionable charity instrument—receiving 1 / 4 of all particular person giving in the USA—DAFs supply donors ‘a number of layers of anonymity,’ explains Brendan Fischer, deputy govt director of the investigative watchdog Documented. DAFs function like personal foundations however are categorised as public charities. This permits the funds to offer cash with out the identical transparency necessities. And the donors, who can advocate the place their contributions ought to go, are nonetheless awarded the publicly sponsored tax breaks related to charitable giving.” • So, cash laundering. Good!

Realignment and Legitimacy

Columbia:

The NYPD has an workplace in Israel. Makes you suppose.

Columbia:

Columbia:

Columbia: “Behind the Barricades at Columbia’s Hamilton Corridor Takeover” [New York Magazine]. “Once they began pulling the furnishings down, they encountered two services staff who have been nonetheless on web site. The scholars have been telling the services staff that they wanted to depart. The worker within the Yankees hat mentioned they weren’t going to inform him what to do and that he was doing his job. They have been making an attempt to calm him down and persuade him to depart and I believe they tried to the touch him to calm him down, and he responded by pushing. The scholars have been making an attempt to stage with them virtually. They have been saying ‘that is taking place,’ and that it’s higher for them in the event that they go. ‘‘ — I believe I keep in mind one scholar saying one thing to that impact.” • Actually clicking with the working class, there.

Columbia: “Columbia College protesters taken into custody after police enter campus. Right here’s what we all know” [CBS]. “Columbia College President Minouche Shafik wrote a letter to NYPD Deputy Commissioner Michael Gerber on Tuesday night requesting the division’s help to clear protesters from Hamilton Corridor and the encampments…. Shafik additionally requested that the NYPD keep a presence on campus by means of Could 17 ‘to keep up order and guarantee encampments should not reestablished.’” And: “A college spokesman launched the next assertion at 9:26 p.m.: ‘We imagine that the group that broke into and occupied the constructing is led by people who should not affiliated with the College.’” • Ah, outdoors agitators. Aren’t they all the time?

UCLA encampment:

Pandemics

“I’m in earnest — I cannot equivocate — I cannot excuse — I cannot retreat a single inch — AND I WILL BE HEARD.” –William Lloyd Garrison

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Covid Assets, United States (Nationwide): Transmission (CDC); Wastewater (CDC, Biobot; contains many counties; Wastewater Scan, contains drilldown by zip); Variants (CDC; Walgreens); “Iowa COVID-19 Tracker” (in IA, however nationwide information). “An infection Management, Emergency Administration, Security, and Normal Ideas” (particularly on hospitalization by metropolis).

Lambert right here: Readers, thanks for the collective effort. To replace any entry, do be happy to contact me on the tackle given with the vegetation. Please put “COVID” within the topic line. Thanks!

Assets, United States (Native): AK (dashboard); AL (dashboard); AR (dashboard); AZ (dashboard); CA (dashboard; Marin, dashboard; Stanford, wastewater; Oakland, wastewater); CO (dashboard; wastewater); CT (dashboard); DE (dashboard); FL (wastewater); GA (wastewater); HI (dashboard); IA (wastewater stories); ID (dashboard, Boise; dashboard, wastewater, Central Idaho; wastewater, Coeur d’Alene; dashboard, Spokane County); IL (wastewater); IN (dashboard); KS (dashboard; wastewater, Lawrence); KY (dashboard, Louisville); LA (dashboard); MA (wastewater); MD (dashboard); ME (dashboard); MI (wastewater; wastewater); MN (dashboard); MO (wastewater); MS (dashboard); MT (dashboard); NC (dashboard); ND (dashboard; wastewater); NE (dashboard); NH (wastewater); NJ (dashboard); NM (dashboard); NV (dashboard; wastewater, Southern NV); NY (dashboard); OH (dashboard); OK (dashboard); OR (dashboard); PA (dashboard); RI (dashboard); SC (dashboard); SD (dashboard); TN (dashboard); TX (dashboard); UT (wastewater); VA (dashboard); VT (dashboard); WA (dashboard; dashboard); WI (wastewater); WV (wastewater); WY (wastewater).

Assets, Canada (Nationwide): Wastewater (Authorities of Canada).

Assets, Canada (Provincial): ON (wastewater); QC (les eaux usées); BC (wastewater); BC, Vancouver (wastewater).

Hat tricks to useful readers: Alexis, anon (2), Art_DogCT, B24S, CanCyn, ChiGal, Chuck L, Festoonic, FM, FreeMarketApologist (4), Gumbo, hop2it, JB, JEHR, JF, JL Joe, John, JM (10), JustAnotherVolunteer, JW, KatieBird, LL, Michael King, KF, LaRuse, mrsyk, MT, MT_Wild, otisyves, Petal (6), RK (2), RL, RM, Rod, sq. coats (11), tennesseewaltzer, Tom B., Utah, Bob White (3).

Keep protected on the market!

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Transmission: Flu

“Spikes of flu virus in wastewater elevate questions on unfold of fowl flu” [CNN]. “Spikes of influenza A virus seen in wastewater samples from 59 sewer programs throughout 18 totally different states this spring could level to the unfold of the H5N1 avian influenza virus that’s at the moment infecting dairy cattle, a brand new research suggests. Thus far, the US Division of Agriculture has reported greater than 30 herds of dairy cows contaminated with H5N1 influenza throughout 9 states. However there are questions on how giant the outbreak is likely to be and whether or not the US can adequately observe it. In a information convention final week, .” Yay, “freedom!” Extra: “Final week, in a multi-agency information convention on the federal government’s response to the spreading virus, Dr. Nirav Shah, principal deputy director of the US Facilities for Illness Management and Prevention, mentioned the company was taking a look at whether or not it is likely to be possible to make use of wastewater to pinpoint areas the place the virus is spreading. First, he mentioned, scientists would want to develop a check that might distinguish H5 influenza from the bigger soup of circulating A-strain flu viruses. Now scientists at Emory, Stanford and Verily Life Sciences, a analysis group affiliated with the WastewaterSCAN community that displays a big community of wastewater therapy vegetation throughout the US, say they’ve performed simply that.” That is the Verily research I ran right here. Curiously: “The research authors stress that no H5N1 outbreaks in cows have been reported in any of the sewersheds they examined. As an alternative, they suppose that the permitted dumping of milk seemingly brought about the large spikes in H5 virus they noticed in early March.” • Hmm. I’m wondering why they have been dumping all that millk again in March, then? I recall studying some fairly vivid descriptions of milk that got here from cattle contaminated with H5N1; “pus” was, I believe, the phrase.

“The potential of home flies to behave as a vector of avian influenza subtype H5N1 beneath experimental circumstances” [Medical and Veterinary Entomology]. From 2011, nonetheless germane. From the Abtract: “The target of the current research was to find out the potential for home flies (Musca domestica L.) (Diptera: Muscidae) to harbour the avian influenza (AI) H5N1 virus…. The current research reveals that the flies could harbour the AI virus and will act as a mechanical vector of the AI virus.” • Oh, good.

Testing and Monitoring: H5N1

“CDC flags concern with avian flu check, however says no public well being influence” [Politico]. “The CDC informed public well being labs Friday that they should change how individuals are examined for avian flu. A producing concern with the check found earlier this week has no sensible influence on the power to display screen folks for H5N1 fowl flu, in keeping with the CDC.” • Oh hell no. Why am I getting this horrible sense of deja vu? I do know, I do know, my priors….

“U.S. Must Higher Monitor Hen Flu Unfold in Farm Animals, Farm Employees, Epidemiologist Says” [Scientific American]. “We don’t have a great sense of the unfold as a result of testing is voluntary and definitely not being performed in a scientific means. We’re just about flying blind with the testing side…. An enormous new puzzle is that there’s additionally transmission from cows to poultry. That’s regarding; it provides this virus much more alternative to adapt as a result of it retains leaping from species to species, and we don’t know the way. Is it by means of people? Is it by means of rats? Is it by means of feed? We don’t know. Making an attempt to get a very good understanding of epidemiology right here has been difficult simply because the information are restricted, and the communication is suboptimal.” • Yep.

An infection

“Scientists tried to offer folks COVID — and failed” [Nature]. “The primary members obtained the identical tiny dose of the ‘ancestral’ SARS-CoV-2 pressure as did these within the first trial. When no one developed a sustained an infection, the researchers elevated the dose by an increasing number of in subsequent teams of members, till they reached a stage 10,000 instances the preliminary dose. A couple of volunteers developed short-lived infections, however these rapidly vanished…. ‘We have been fairly stunned,’ says Susan Jackson, a research clinician at Oxford and co-author of the most recent research. ‘Transferring ahead, in order for you a COVID problem research, you’re going to need to discover a dose that infects folks.’ Regardless of their immunity to the ancestral strains, almost 40% of the members skilled an Omicron an infection after being launched from quarantine by December 2022, and one even obtained it twice. An ongoing COVID-19 problem trial at Imperial Faculty London, through which members have been uncovered to the Delta SARS-CoV-2 variant, has additionally encountered issues with infecting members reliably, says Christopher Chiu, an immunologist and infectious-disease doctor at Imperial who’s main that trial and was concerned within the different problem trials. Some members have skilled infections, however most likely not sufficient for a research testing whether or not a vaccine works, provides Chiu. ‘We want a problem pressure that’s extra consultant of what’s circulating in the neighborhood,’ says Anna Durbin, a vaccine scientist at Johns Hopkins College Faculty of Medication in Baltimore, Maryland, who was a member of the board that oversaw the protection of the most recent ‘reinfection’ trial. Viral strains utilized in problem trials are produced beneath stringent circumstances, a course of that may take six months or longer, say scientists, making it unattainable to match circulating variants completely. McShane and Chiu are readying a problem trial utilizing the BA.5 Omicron subvariant that emerged in 2022.” • Hmm.

Coverage

“WHN Response to 4 CDC Questions on Stopping Transmission in Healthcare Settings” [World Health Network]. WHN doing the Lord’s work, right here; that is actually glorious:

The danger of asymptomatic and pre-symptomatic transmission; the mechanism of aerosol unfold; the prevalence of extreme acute and long-term impacts—symptomatic Lengthy COVID and organ injury, as described within the latest Senate HELP committee listening to—for sufferers, workers, and guests [4,5,6,7]; that COVID-19 remains to be prevalent and the tip of its pandemic influence is unsure; and the chance of future airborne-driven pandemics all warrant the growth of the normal paradigm of airborne an infection management and prevention. Genetic sequencing and statistical research present hospital acquired infections account for 40-70% of contaminated healthcare staff and 10-40% of contaminated hospitalized sufferers, an infection charges are dramatically lowered by testing on entry, and estimates of infections enhance dramatically when shorter incubation durations of latest variants are correctly accounted for [8,9,10,11,12,13,14,15,16]. The mortality charge of hospital-acquired COVID-19 might be over 10% [17,18,19], a lot greater than that of non-hospitalized people—manifesting the vulnerability of people in healthcare—and this doesn’t embrace the long run impacts, together with incapacity and deaths from lengthy COVID. It’s important that estimates of hurt ought to embrace lengthy COVID results and the long-term will increase in well being dangers after every extra an infection. Moreover, vaccinations solely partially scale back the dangers of an infection and don’t reliably forestall infections [20,21,22] or Lengthy Covid [23,24,25]. Immunity wanes [26,27,28] over time and supplies reducing safety from new variants [29,30]. Contemplating the CDC’s necessary function in society, the WHN encourages an authoritative, scientifically, and clinically assertive stance in its suggestions and use of easy, up-to-date language of airborne aerosol transmission in setting forth its steerage.

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TABLE 1: Day by day Covid Charts

LEGEND

1) for charts new as we speak; all others should not up to date.

2) For a full-size/full-resolution picture, Command-click (MacOS) or right-click (Home windows) on the chart thumbnail and “open picture in new tab.”

NOTES

[1] (Biobot) Our curve has now flattened out at a stage far above valleys beneath Trump. Not an excellent victory. Word additionally the world “beneath the curve,” moreover taking a look at peaks. That space is bigger beneath Biden than beneath Trump, and it appears to be rising steadily if erratically.

[2] (Biobot) No backward revisons….

[3] (CDC Variants) KP.2 has entered the chat, at the very least within the mannequin. As of Could 11, genomic surveillance information can be reported biweekly, based mostly on the provision of optimistic check specimens.” “Biweeekly: 1. occurring each two weeks. 2. occurring twice per week; semiweekly.” Appears like CDC has chosen sense #1. In essence, they’re telling us variants are nothing to fret about. Time will inform.

[4] (ER) CDC appears to have killed this off, because the hyperlink is damaged, I believe in favor of this factor. I’ll attempt to verify. UPDATE Sure, go away it to CDC to kill a web page, after which announce it was archived a day later. And heaven forfend CDC ought to clarify the place to go to get equal information, if any. I favored the ER information, as a result of it appeared actually exhausting to recreation.

[5] (Hospitalization: NY) Flattening out to a non-zero baseline. I suppose to a tame epidemiologist it appears like “endemicity,” however to me it appears like one other tranche of lethality.

[6] (Hospitalization: CDC) Nonetheless down. “Maps, charts, and information offered by CDC, updates weekly for the earlier MMWR week (Sunday-Saturday) on Thursdays (Deaths, Emergency Division Visits, Take a look at Positivity) and weekly the next Mondays (Hospitalizations) by 8 pm ET†”.

[7] (Walgreens) Leveling out.

[8] (Cleveland) Slight uptrend.

[9] (Vacationers: Posivitity) Uptick.

[10] (Vacationers: Variants) JN.1 dominates totally. And no point out of KP.2

[11] Appears just like the Instances isn’t reporting demise information any extra? Possibly I would like to return to The Economist….

Stats Watch

Employment State of affairs: “United States ADP Employment Change” [Trading Economics]. “Personal companies in the USA added 192,000 staff to their payrolls in April 2024, exceeding market expectations of a 175,000 enhance and following a earlier acquire of 208,000.”

Employment State of affairs: “United States Job Openings” [Trading Economics]. “The variety of job openings declined by 325,000 from the earlier month to eight.488 million in March 2024, reaching the bottom stage since February 2021 and lacking the market consensus of 8.690 million.”

Manufacturing: “The variety of job openings declined by 325,000 from the earlier month to eight.488 million in March 2024, reaching the bottom stage since February 2021 and lacking the market consensus of 8.690 million” [Trading Economics]. “The ISM Manufacturing PMI in the USA fell to 49.2 in April of 2024 from 50.3 within the earlier month, firmly beneath market expectations of a stall. The information mirrored a contraction within the US manufacturing sector, failing to keep up earlier traction because the prior month pointed to the primary growth in 16 months.”

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Tech: “Google surges after shopping for again billions of {dollars} of its personal inventory” [CNN]. “Alphabet, the father or mother firm of Google, bounced again from a fully dreadful day for tech shares, as its inventory surged Thursday after the closing bell. All it needed to do was at hand out billions of {dollars} to traders.” • I suppose the job is completed on that AI factor?

Tech: “Google Fires Python Workforce Forward Of Its Huge Developer Convention: Report” [NDTV]. “Google has reportedly fired all the Python staff, marking the most recent job cuts within the tech big forward of its annual developer convention in Could. Python is a serious code [sic] utilized in Synthetic Intelligence and Machine Studying. The tech big has not eradicated its Python staff however has changed the prevailing staff with one other group based mostly in Munich.” • If I perceive this, the 10-person Python staff managed Google’s tooling, which is completed in Python; the Munich operation is seemingly cheaper. Jogs my memory of Boeing organising the 787 line in Charleston, and never Everett…..

Manufacturing: “Embraer Would possibly Launch a Boeing-Sized Jet. It’ll Be an Extraordinarily Troublesome Activity” [Barron’s]. “Embraer is likely to be growing a jet to compete with the Boeing 737, in keeping with a media report. Traders appeared nervous in regards to the thought at first—for good purpose…. Embraer has a market capitalization of about $5 billion and the corporate is projected to have $1.3 billion in cumulative free money circulate between 2024 and 2027, in keeping with FactSet. The danger of a $25 billion undertaking for a corporation that measurement can’t be understated.

The Journal mentions Saudi Arabia’s Public Funding Fund is one of some potential funding companions for Embraer. The nation’s authorities definitely has the cash however such an investor doesn’t assure that current traders will profit…. Whereas the chances of an Embraer 737-size jet are slim, the Journal report highlights one thing else for traders. Boeing hasn’t determined to design an all-new single-aisle plane in years, opting as a substitute to replace its current 737 platform time and again. The dearth of a model new jet by one of many market leaders has left regional jet makers pondering it may very well be attainable to go up at school.” • And COMAC, in fact.

Manufacturing: “Let’s Look Again at Boeing’s 10-Yr Battle to Launch People on Starliner” [Gizmodo]. “After greater than a decade of delays and failures, Boeing is lastly able to launch its first crew of NASA astronauts to the Worldwide Area Station (ISS). Liftoff of the Starliner CST-100 spacecraft is scheduled for Could 6—and it’s going to be a real nail-biter…. It’s been fairly a journey to get thus far, and there’s loads using on the success of the upcoming check flight. Boeing has but to fulfill the tip of its $4.3 billion Business Crew Program contract with NASA. The corporate has fallen delayed and its final two check flights have been marred by glitches. For its upcoming flight, Starliner will carry a crew for the primary time after having not too long ago resolved two main security hazards found on the spacecraft. Briefly, it’s a scorching mess. Let’s have a look again at how this inaugural crewed check flight got here to be.” A ton of producing points, unsurprisingly. That is my favourite: “The second concern concerned a whole bunch of toes of protecting tape used to cowl the wiring harnesses contained in the Starliner car, which was found to be flammable. Engineers needed to actually pull a mile of this flammable tape from the car.” • So we’ll see the way it goes.

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As we speak’s Concern & Greed Index: 41 Concern (earlier shut: 40 Concern) [CNN]. One week in the past: 39 (Concern). (0 is Excessive Concern; 100 is Excessive Greed). Final up to date Could 1 at 1:44:52 PM ET.

The 420

“US poised to ease restrictions on marijuana in historic shift, but it surely’ll stay managed substance” [Associated Press]. “‘As we speak, the Legal professional Normal circulated a proposal to reclassify marijuana from Schedule I to Schedule III,’ Justice Division director of public affairs Xochitl Hinojosa mentioned in an announcement. The DEA is a part of the Division of Justice. ‘As soon as printed by the Federal Register, it’ll provoke a proper rulemaking course of as prescribed by Congress within the Managed Substances Act.’ Legal professional Normal Merrick Garland’s signature throws the total weight of the Justice Division behind the transfer and seems to sign its significance to the Biden administration. It comes after President Joe Biden known as for a evaluate of federal marijuana regulation in October 2022 and moved to pardon 1000’s of Individuals convicted federally of straightforward possession of the drug. He has additionally known as on governors and native leaders to take related steps to erase marijuana convictions.” • Commentary:

I’m unsure this provides me confidence, and I’m no prude on this matter.

Class Warfare

“1 in 4 Individuals worry shedding their job this yr — what’s inflicting it?” [Study Finds]. “The brand new survey of two,000 employed adults examined how staff see themselves of their present roles, discovering that many imagine they’ll obtain a pink slip sooner fairly than later. Their issues stem from misery in regards to the job market (25%) and figuring out that they work in an unstable enterprise or trade (22%).” • Greatest financial system ever!

Information of the Wired

“Lab mice are getting their very own again by intentionally messing up experiments” [Metro UK]. “The researchers tracked mouse alternative, response velocity and accuracy, and seen that over time the mice obtained higher on the activity, however at factors, the mice would cease following the foundations, and do issues like spin the wheel in a single course, it doesn’t matter what sound they heard. The researchers then stopped rewarding the mice for his or her right solutions, and shortly the rodents started responding to the sounds extra precisely. The researchers believed the mice knew what they have been doing the entire time, and have been purposefully giving up the reward to discover their setting by doing experiments of their very own.” • Now do cats!

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Contact info for vegetation: Readers, be happy to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) learn the way to ship me a test in case you are allergic to PayPal and (b) to learn the way to ship me photos of vegetation. Greens are fantastic! Fungi, lichen, and coral are deemed to be honorary vegetation! If you’d like your deal with to look as a credit score, please place it at the beginning of your mail in parentheses: (thus). In any other case, I’ll anonymize by utilizing your initials. See the earlier Water Cooler (with plant) right here. From GS:

GS writes: “Tassle Ferns, the oldest residing examples of vascular vegetation (collected in northern Queensland). Flecker Gardens, Cairns QLD Australia.”

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Readers: Water Cooler is a standalone entity not lined by the annual NC fundraiser. So in the event you see a hyperlink you particularly like, or an merchandise you wouldn’t see wherever else, please don’t hesitate to specific your appreciation in tangible kind. Bear in mind, a tip jar is for tipping! Common optimistic suggestions each makes me really feel good and lets me know I’m heading in the right direction with protection. After I get no donations for 3 or 4 days I get frightened. Extra tangibly, a continuing trickle of donations helps me with bills, and I consider that trickle when setting fundraising targets:

Right here is the display screen that may seem, which I’ve helpfully annotated:

In case you hate PayPal, you possibly can electronic mail me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, and I gives you instructions on the best way to ship a test. Thanks!

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