It’s Wednesday and I have looked at the US CPI release overnight that has set alarm bells off in the ‘financial markets’ and among mainstream economists. My assessment is that there is nothing much to see – annual inflation less volatile items is still falling and the lagged impact of shelter (housing) is still evident…
Music
Its that time of the year … I have a long flight today with a long drive from where I have been working this week to get to the airport and at the end of the various journeys will be a birthday cake (cue LC). The travel is to get me to where the cake…
Happy heavenly birthday to my dear, deceased, devil brother Pete Zeldman. Today, 5 March 2024, to celebrate Pete’s life… Lost in Sound Records is releasing an album of solo drums, Enigma, which will keep rhythmic enthusiasts and scholars busy for…well, forever. And ALSO 2.5D, his crazy interesting NYC rock band… [has released] its first single. —Cindy […]
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It’s Wednesday and I have comments on a few items today. I haven’t been able to write much today because the power has been down after the dramatic storms yesterday in Victoria damaged the network and caused absolute chaos (see below). Power is mostly back on now (which is why this post is later than…
As many of you know, I spent a good portion of my career covering entertainment, and during that time I was fortunate enough to interview many talented performers, including three Beatles (George, Paul and Ringo), a bunch of movie and … Continue reading
In the wake of Lord Melvyn Bragg's House of Lords debate on the vital importance of the arts to the UK's society and economy, composer Howard Goodall makes an urgent call for the Government to rethink its proposed further reduction of resources for musical education
Sixty years ago today, Capitol Records issued the “Meet The Beatles!” album, which was the American version of the “With The Beatles” LP that had been issued the previous November in the U.K. I actually didn’t get to listen to … Continue reading
The latest information from Japan suggests that in December 2023, its inflation fell sharply for the second consecutive month and that one might conclude the inflation episode is coming to an end. The Bank of Japan made the assumption that this supply-side inflation was temporary and would subside fairly quickly once those constraints eased. And…
For the time being I will continue my Wednesday format where I cover some things that crossed my mind in the last week but which I don’t provide detailed analysis. The items can be totally orthogonal. The latest inflation data for Australia continues to affirm the transitory narrative – dropping significantly over the last month.…