News for July 15 — Recession Fears Recede; United Contract

Recession fears recede: WSJ: https://www.wsj.com/articles/economists-are-cutting-back-their-recession-expectations-74118938 . I still predict the Fed will continue raise rates, and then not cut those rates for approximately a year, taking a recession in order to get inflation down to the 2% target.

WSJ: Preliminary United Airlines contract gives pilots wage increases of up to 40%: https://www.wsj.com/articles/united-pilots-would-get-raises-of-up-to-40-under-preliminary-deal-d20324ff . Inflation’s not dead …

DeMentis shakes up campaign staff as poll numbers continue descent: https://www.nbcnews.com/politics/2024-election/ron-desantis-fires-roughly-dozen-staffers-campaign-shake-rcna94470 . Again, no one likes Ron. That’s a fatal and uncorrectable flaw.

OJ’s motion to delay documents trial: dead on arrival: https://www.msn.com/en-us/news/politics/donald-trump-filed-illegal-court-motion-in-florida-watergate-prosecutor/ar-AA1dUDGL . I don’t think “illegal per se” is the right terminology here. However, it is hard to see how delaying a candidate’s trial until after the election is in the interests of justice.

Pennsylvania police capture prison escapee: https://www.cnn.com/2023/07/15/us/michael-burham-pa-jail-escapee-in-custody/index.html .

The Peach State is peachless: https://www.cnn.com/2023/07/15/business/georgia-peach-shortage/index.html . What a jarring situation. Obviously, they’re in a real jam. What can Georgia do to preserve its reputation?

Stephen Curry hits hole-in-one: https://sports.yahoo.com/stephen-curry-hits-hole-in-one-at-celebrity-tournament-celebrates-appropriately-194637935.html . One hop and in. Pretty great.