Daily Digest 6/4 – Next Wave of U.S. Job Cuts Targets Higher-Paid Workers, COVID Policy Based On Suspect Data

Economy U.S. manufacturing activity crawls off 11-year low (tmn) The ISM said its index of national factory activity rose to a reading of 43.1 last month from 41.5 in April, which was the lowest level since April 2009. A reading below 50 indicates contraction in manufacturing, which accounts for 11% […]

Is Covid-19 Over?

Global deaths from covid-19 are on the wane. Most countries and states are starting to remove lockdown restrictions. And now we’re starting to see medical claims that the SARS2 virus is losing potency. Is the covid-19 pandemic finally over? Not quite, cautions Chris. Yes, there are encouraging signs that fatalities […]

Daily Digest 6/3 – The Long, Painful History of U.S. Police Brutality, How Does COVID Kill People?

Economy The Long, Painful History of Police Brutality in the U.S. (TS) A respected school nutritionist, Castile was one of 233 African-Americans shot and killed by police in 2016, a startling number when demographics are considered. African-Americans make up 13 percent of the U.S. population but account for 24 percent […]

Ideas For Righteous Revolution

As protests continue across America, it’s clear that there’s widespread frustration and anger held by a large percentage of the population who feels downtrodden by the status quo and demoralized by slim prospects for things getting better. I’m by no means an experienced revolutionary, so take everything that follows with […]

Daily Digest 6/2 – Federal Officers Confront Protesters Outside White House, Police Brutality Is A Public Health Crisis

Economy Live Updates on George Floyd Protests: Tumult Grips U.S. Cities (tmn) The arrest of hundreds of people and injuries of both officers and protesters came as thousands of protesters protested peacefully across the country, but as demonstrations also devolved into widespread looting overnight. Stores along some of Manhattan’s most […]

Off The Cuff: Waking Up To A Changed World

In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss: How covid has accelerated decades-worth of change Why industries & social behavior are permanently affected It will take years for the new landscape to stabilize Why the economic pain and inequality will lead to greater social unrest Covid-19 […]

Daily Digest 6/1 – Coronavirus In A Time Of Chimeras, Will Protests Set Off a Second Viral Wave?

Economy Global Anger Grows Over George Floyd’s Death in Minneapolis (tmn) And in Paris, among those calling for a demonstration was the family of Adama Traoré, a 24-year-old black man who died in custody in 2016 after being tackled and pinned down by the police in the Paris suburbs. La […]

Daily Digest 5/30 – America Plunges Into Crisis, The Unexpected Side Effect Of Covid-19

Economy Nearly Half of Small Business Owners Expect to Close Down Permanently (Adam) There are all kinds of reasons to doubt the quick economic recovery narrative. We’ve reported on the number of over-leveraged zombie companies, skyrocketing household debt, the battered labor market, and a potential cash-flow crisis even after the […]

VIDEO: Personal Safety & Home Security (PP Seminar)

To access the full 48-minute presentation from on personal safety & home security by Peak Prosperity user Tom C, a 19-year veteran inner-city police sergeant, click here to become a premium subscriber. Or Sign In with your enrolled account. The post VIDEO: Personal Safety & Home Security (PP Seminar) appeared […]

As The World Burns

Decades of unfairness are now boiling over in the United States in the form of protests, riots, burning buildings and violence. Minneapolis is on fire – literally – and the unrest has spread to numerous other major cities. Last year (2019) The Yellow Vest protesters in France dealt with enormous […]

Market Update: Decision Time!

As the market continues to seek out its maximum stupid price limit, it’s now decision time for investors. If you’re still long stocks and bonds at this point: Do you now sell to protect your gains? If you’re skeptical of today’s prices and sitting in cash: Is now the right […]

Garbage ‘Science’: Be Wary Of What You’re Being Told

Man, with the major pandemic and economic risks we all have to deal with, it’s so frustrating to have to waste time and energy addressing the plague of crap ‘science’ being dumped on us on a daily basis. It’s so unnecessary. Our society knows how to do science well. But […]

Daily Digest 5/29 – Good News Friday: NZ Discharges Last COVID Patient, More People Birdwatching During Lockdown

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy! Economy New Zealand discharges its last coronavirus patient from […]

Daily Digest 5/28 – 1/3 of Americans Show Signs of Clinical Anxiety or Depression, States Are Banning This One Type of Face Mask

Economy The largest lockdown in the world is ending. India is bracing for what comes next. (tmn) In recent weeks, the government has relaxed curbs on movement, transportation, commerce and manufacturing. Large gatherings remain prohibited, and ­international flights are still banned. But experts say loosening the restrictions means cases will […]

Daily Digest 5/27 – Grocery Workers In The Dark About COVID Risks, Immunity To Coronaviruses: What Do We Know So Far?

Economy On the front lines of the pandemic, grocery workers are in the dark about risks (tmn) Amid the pandemic, the country’s nearly 40,000 grocery stores have been classified by officials as essential businesses that must remain open, putting the stores at the front lines of the crisis. Grocery stores, […]

Grim Milestone: 100k+ US Coronavirus Deaths

On Tuesday, cumulative US deaths from covid-19 crossed above 100,000. The worldwide casualties (that we know of) now exceed 350,000. Whether or not we as a society can agree on the health risks of covid-19 or whether the national lockdowns it has triggered are worth the resulting economic damage, hopefully […]

Daily Digest 5/26 – IBM Laying Off Thousands, Scientists vs. Politicians On Vaccine Research

  Economy 100,000: An Incalculable Loss (jdargis) America is fast approaching a grim milestone in the coronavirus outbreak – each figure here represents one of the nearly 100,000 lives lost so far. But a count only reveals so much. Memories, gathered from obituaries across the country, help us reckon with […]

Daily Digest 5/25 – South America A New COVID Epicenter, Trump Bets The Farm On Huawei Equipment Ban

Economy Putting the Risk of Covid-19 in Perspective (tmn) A useful way to understand risks is by comparing them with what is called a “micromort,” which measures a one-in-a-million chance of dying. Note that we are considering only fatality risks here, not the risk of growing sick from coronavirus, or […]

Neil Howe: The Predictable Creative Destruction Of The Fourth Turning

Neil Howe, demographer and co-authour of the book The Fourth Turning, returns to the podcast this week. In our prior interviews with him, we’ve explored his study of generational cycles (“turnings”) in America which reveal predictable social trends that recur throughout history and invariably result in transformational crisis (a “fourth turning”). Fourth turnings are characterized by […]

REPLAY VIDEO: ‘Ask Anything’ Q&A Webinar

Here’s the replay video of Friday’s “Ask Anything” Coronavirus/Market-Meltdown Q&A webinar #3. Why is this restricted to Peak Prosperity’s premium subscribers? Two main reasons: One — we expect a number of our answers to be our ‘best guesses’ given the incomplete data available. We don’t feel it appropriate to put […]