For a change of pace, I’ve decided to periodically write about contracting and field issues, including case studies of interesting projects. The idea is to offer insights that will help readers deal with aspects of EIFS in their work.

Since when did architects become responsible for ensuring occupant health resulting from exposure to building material ingredients?

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The newspaper asserts that Ranked Choice Voting "cratered" voter engagement. That's bullshit. by Wm. Steven Humphrey

Starting in January 2025, Portland will have the most diverse, and politically balanced City Council in the history of our city. Full stop.

The reason why we’re able to celebrate this indisputable fact is thanks to charter reform and ranked choice voting, which allowed citizens from every demographic and Portland neighborhood the opportunity to serve their city (and the rest of us to vote for them). 

But despite those two objectively correct statements, local media continues to platform the dishonest cynics who have been fighting charter reform and ranked choice voting from the beginning. The Oregonian, who loves writing intellectually dishonest headlines like this, really outdid themselves with this recent post-election article: Portland’s ranked-choice debut causes voter engagement to crater; 1 in 5 who cast ballots chose no one for City Council. 

Let’s break it down, shall we? Using the word “crater” to describe Portland’s voter engagement, and attempting to lay the blame on the doorstep of ranked choice voting, is not only an unethical choice, it’s factually incorrect. While overall voter turnout wasn’t what it was in 2020 (79%), Portland engagement still reached 74.5%—that’s still three-quarters of our total population. Does that sound like overall engagement “cratered” to you?

 And perhaps it’s true that one-out-of-five voters chose not to rank any candidates for City Council and mayor—though, as a reasonable person, I might wait until that number got a little bit higher before labeling it as “cratering.” And yes, it is absolutely correct that a historically large group of candidates ran for City Council this year, which probably stunned some voters who aren’t used to doing a lot of research. BUT! And let me say this loud and proud so everyone in the back can hear it: Having a lot of candidates who love their community and want to serve it is A VERY GOOD THING. (And it’s even better for democracy.) And while we can definitely do more as a city to make sure minority and low-income communities have the information they need in future races, according to the Oregonian’s own numbers, four out of five Portlanders successfully filled out their ballots without their brains exploding. So actually, I’d call that a big win. 

And that’s my problem with this poorly headlined article: The main thesis seems to be that just because one-in-five Portland voters chose not to cast votes in two races, this is somehow the fault of ranked choice voting. That’s bullshit. And here’s why: Let’s imagine ranked choice voting never existed, and Portlanders were still choosing just a single candidate for every office. Thanks to the general ineptitude of the current City Council—which inspired so many people to run against them—a huge number of candidates would’ve still been on that ballot. And if that had occurred, voters would have been confronted with the exact same conundrum.

Oh, and if you do happen to dip into the O’s article, here’s a little media studies trick: While most news outlets claim objectivity as their guiding star, if you want to spot potential bias, head to the final paragraph of just about any article, and see who gets the last word. In the case of this Oregonian story, the last word was given to a failed conservative Council candidate, Bob Weinstein, who freely admits he was never in favor of charter reform in the first place, and issued this damning indictment of ranked choice voting: “It’s very anti-democratic, to me, to have a result like this.”

I’m curious: Which of the following results is the most “anti-democratic”? Was it three-quarters of the population voting? Was it the large number of candidates who, after 100 years of being shut out of elections, were finally given a chance to fairly compete? Was it the actual result, which was getting (as mentioned before) the most diverse and politically balanced City Council we’ve had in the history of our city? Or was it “anti-democratic” simply because he lost?

Unfortunately, we’ll probably be reading a lot more thoughtless headlines and hearing a lot more anti-Charter Reform language from Portland’s conservative business class. Frankly, the old system worked GREAT for them, giving the wealthy an outsized voice and control over policy in City Hall. And even though the new council will have conservative voices who will fight valiantly to ensure the rich continue getting richer, that’s not good enough for those who want absolute power. In short, if you like what conservatives did to Measure 110, keep an eye out on what they’re planning to do to Charter Reform.

For the rest of us, there’s an old saying: “Progress, not perfection.” We’re sorry to break the hearts of the Oregonian headline writers and the bad actors who have dominated Portland politics for over a century, but new, vital forms of government—like any new plan or system that regular folks like you put into action every single day—will NEVER be perfect from the start, and need time and grace in order to operate at top proficiency. That said, if one-in-five voters refusing to choose a candidate in two races is the worst thing to happen in an election where we make sweeping changes for the very first time? I’d say democracy continues to be in pretty good shape. 

But that’s just my opinion—from deep in the “crater.”

Local brewers describe the secret ingredients that put their beers in the holiday spirit. by Joe Streckert

Every year around November, beer aisles and bottle shops get seasonal. Winter ales appear on the shelves right around the time frost starts appearing on the ground. 

Winter beers aren’t any one thing. Holiday brews are more of a feeling than a prescribed list of ingredients or techniques. The closest thing the beer world has to “official” rules about beer styles is the Beer Judge Certification Program guidelines. The most recent version of the guidelines advises beer judges to “think more about the declared concept than trying to detect each individual ingredient. Balance, drinkability, and execution of the theme are the most important deciding factors” when evaluating winter beers.

In other words, when professional beer judges evaluate a winter beer, they go by vibes.

“For me it’s a cozy beer,” says Jess Hardie, the head brewer and co-founder of TPK Brewing Company. “Something you want to snuggle up with like a blanket.”

“Seasonal beers can range greatly,” says Lee Perry, the event director for the Portland Holiday Brew Fest. “It can be a real mix of whatever brewers are feeling.”

That being said, there are some common features that give a beer that wintertime feeling.

“For me a winter beer is a bigger, maltier, warm-you-up style of ale. They tend to be a little bit darker and a little less hoppy and higher in alcohol,” says Jake Elder, the brewer and co-founder of Lazy Days Brewing. 

For Elder, beers that focus less on hops and more on malt give him an opportunity to break out the spices and get creative with flavors beyond just hops.

Winter is when beers get loaded up with spices, however adding Christmastime spices and flavorings to beer isn’t some kind of craft brew innovation or cute novelty. According to Edler, adding flavor to beer with whatever brewers had available is a long tradition. A tradition that’s even older than adding hops to beer.

“Hops have been a relatively new phenomenon,” says Elder. “Relatively new” here means only a few centuries. Elder estimates that hops only go back about three or four hundred years. Prior to that, spice blends were more popular for adding bitterness or other flavors to brews. Elder specifically names nutmeg, allspice, and mace as common and longstanding flavorings to beer, all of which are popular in holiday brews to this day.

“Pretty much anything that was used in a spice rack was used in a beer,” says Elder. Maltier beers, says Elder, can taste unbalanced or unfinished on their own. Adding additional flavoring agents can round the beer out and make it more palatable. Darker, maltier wintertime beer provide a ready template for brewers who are ready to evoke wintertime feelings with whatever flavoring agents they have on hand.

Kora and Hardie go beyond the spice rack for their wintertime flavors. Kora adds palo santo wood to one of his porters to create a woody, aged flavor that he says “tastes like a thin mint.” He notes that it’s one of his more popular beers and he makes it available year round. Hardie will add ingredients like Belgian candi sugar, cinnamon, and Mexican cocoa to her beers to make them sweeter and more distinctive.

That being said, hops aren’t entirely absent from the holiday parties. Oregon’s favorite (or maybe most divisive) beer style, the IPA, still shows up plenty in the winter, and other hoppy beers make appearances at seasonal brew festivals. 

Hardie made a black rye IPA that she sees as a wintertime brew. “I would still consider that a winter beer because the rye was so forward,” she says. It clocked in at about 68 IBUs and 6.5% ABV, which Hardie puts on the lower end of the alcohol spectrum for holiday ales. But: “It still had that roasty-toasty flavor that I want in a winter beer,” Hardie says.

According to Elder, winter IPAs tend to lean on hops that give the beers what he calls “Christmas tree flavors”: Notes of spruce and pine needles can make a hoppy beer feel like a holiday one, and he calls out Sierra Nevada’s Celebration IPA as a good example of popular beer that gets its holiday flavors from hops rather than spices. It’s pine-forward and is marketed as a seasonal beer while also retaining the ever-salable identity of IPA.

Perry notes that several of the beers at the Portland Holiday Brew Fest are fresh hop IPAs. December is at the very tail end of the fresh hop season in Oregon, but it’s close enough that juicy, fruity IPAs can just barely be in season when snow begins to fall.

Winter beers also aren’t strictly limited to ales.

“Winter ales are a lot quicker to turn over and get into the market,” says Kora. Lagers generally take longer to brew. That means they also take more planning, take up space in a brewery for a longer period of time, and are more of a logistical issue for brewers. But Kora notes that it is possible to brew lagers like bocks and pilsners that include holiday flavors.

Kora also notes that lagers have a reputation for being not as flavorful, interesting, or high in alcohol as ales. But, he says, that’s a misconception. “Lagers can be just as formidable as ales,” he says. According to him, an enterprising brewer can create a lager that evokes holiday feelings just as much as a smoky, barrel-aged porter might.

Winter ales tend to stay drinkable long after the Christmas decorations have been packed up. Alcohol is a preservative and the higher ABV in a lot of seasonal brews means that the flavors can stick around even into the next holiday season and beyond.

“Winter ales age really well,” says Kora. He notes that as long as high ABV beers are kept at fifty degrees or lower they stay drinkable and can develop in interesting ways.

“Winter beers can change over time and age out really well. They can be really different beers in six months or so and become quite tasty.” Long after the holidays are over, a little bit of Christmas can linger on in your beer fridge, ready with holiday cheer any time of year.

• The Spice is Right from Lazy Days Brewing: A 6.7% spiced chocolate porter with flavor notes that wouldn’t be out of place in a pumpkin pie or spiced eggnog. 

• Nightfall of Diamonds from Zoiglhaus and Ecliptic: This 7.6% imperial porter is a collaboration between two breweries, blending toffee and coffee flavors with orange and chocolate. It’s not marketed as a seasonal beer per se, but it tastes a lot like one of those chocolate oranges sold around the holidays.

• Yippee-KI-PA from Baerlic: A winter IPA based on everyone’s favorite Christmas action movie. This 7.2% seasonal offering is less about overwhelming bitterness and more about a rounded, roasty flavor that goes well with Christmas trees or exploding office buildings.

• Peregrin Palo Santo Porter from Montavilla Brew Works: A dark porter aged in Peruvian Palo Santo wood with hints of minty sweetness.

Ford is idling production of its F-150 Lightning, the latest in a series of announcements signaling a slower-than-expected transition to electric vehicles. What are other automakers planning?

Robert F. Kennedy Jr. says President-elect Trump wants "measurable impacts" toward ending chronic disease within two years. About 60% of Americans suffer from at least one chronic disease.

U.S. President-elect Donald Trump has tapped Elon Musk and Vivek Ramaswamy to lead a new commission on cutting government spending and regulation. ...

Discover the unique Gemini and Libra compatibility! Dive into how these air signs balance each other in love, friendship, and communication. Are they the perfect match?

The covers to the last issues of the current runs of "Avengers" and "New Avengers," leading into "Secret Wars."; Credit: Marvel

Marvel Comics held a press conference this week announcing details about "Secret Wars," a company-wide comic book crossover that they promise will change everything.

Promises of change in comics often don't amount to much, but here's why this one just might, with Marvel teasing that it will produce a whole new world for its characters.

"We see this as putting an endcap to decades of stories and starting a new era," said Marvel Editor-in-Chief Axel Alonso. "And when you see the scope of the event, you see what we're doing, what we're willing to do, this is a place where we're going to be bringing new pieces onto the board and taking old pieces off. You guys will be yelling and screaming, you'll be loving, hating, and in equal measure."

Reboot history

Rival DC Comics has always been quick to have stories designed to streamline their history, with the "Crisis on Infinite Earths" being the most famous one — a story that destroyed the DC Comics universe of the time, birthing a new timeline that gave us the versions of DC's heroes we know today. Several minor and major reboots followed, with the biggest since then being 2011's New 52 (and a tease of another one with this April's "Convergence").

Meanwhile, Marvel still refers back to stories from their early days, beginning with the first issue of "Marvel Comics" in 1939, and more so since the launch of "Fantastic Four" and the interlinked Marvel Universe in the 1960s, led by Stan Lee and Jack Kirby.

Marvel previously launched a line of comics meant to offer a fresh vision of the Marvel characters called Ultimate Comics, but now the worlds of those characters and the traditional Marvel universe are getting combined thanks to "Secret Wars."

"The Ultimate Universe, the Marvel Universe, they're going to smash together," said Alonso. "This is the Marvel Universe moving forward."

"We've never done anything like this, ever," said Marvel senior vice president and executive editor Tom Brevoort. "And what we're going to do to top it, I don't know. Hopefully that will be somebody else's problem."

The stories leading to "Secret Wars," and what is Battleworld?

The story that's been built up so far has to do with different universes colliding into each other — and in the first issue of "Secret Wars," the Marvel and Ultimate Earths collide, with the heroes of those worlds unable to stop it. What's left behind is what Marvel is calling "Battleworld," a patchwork planet with different parts of it inhabited by the characters from different famous Marvel crossovers of the past (you can see some of those past titles in the slideshow above).

Marvel released this video to help you visualize what exactly Battleworld is:

Battleworld video

See a map of Battleworld here, showing the different worlds made up of old storylines to be explored in "Secret Wars" (and click to enlarge):

Brevoort described Battleworld as "The little melting pot in which the new Marvel Universe will be created" after the Marvel and Ultimate versions of Earth are destroyed. He said that Battleworld is what Marvel is going to be "during, through and after" the beginning of "Secret Wars."

"Once you hit 'Secret Wars' 1, there is no Marvel Universe. There is no Ultimate Universe. All there is is Battleworld, and a whole lot of empty void," Brevoort said.

"Every single piece of this world is a building block for the Marvel Universe moving forward," Alonso said. "None of these stories are Elseworlds, or What Ifs, or alternative reality stories. They aren't set in the past or the future. They're not set in an alternate reality. They're set in the reality of the Marvel Universe."

It's also a story that uses an old name — the original "Secret Wars" involved an alien taking heroes from Earth and forcing them into battle for the fate of the universe. It remains unclear if the villain from that crossover will play a role here.

Why is Marvel rebooting?

Observers were quick to speculate on some of the behind-the-scenes reasons for the change. Combining the Ultimate Universe with the traditional Marvel Universe would let them incorporate the half-black, half-Latino Spider-Man from the Ultimate line that grabbed headlines a few years ago. It would let them do something different with characters like the X-Men and the Fantastic Four, who have been a flashpoint for controversy due to Fox retaining rights in perpetuity to any films based on those characters.

It also opens the door to a longtime comic book trope: Bringing back to life the dead.

"If we were to want to resurrect Gwen Stacy, this would be the place to do it, wouldn't it?" Alonso said.

What do creators and fans think about "Secret Wars"?

Speaking of the death of Gwen Stacy, the writer who pulled the trigger on killing her, Gerry Conway, tells Newsarama that he's on board.

"I think like with any idea, the execution will matter more than the idea itself. The idea of a reset is, by itself, not a bad idea," Conway said.

One who's less on board with it: longtime Spider-Man artist John Romita.

"My guess is new fans will be okay with it, and old fans will grumble," Romita told Newsarama. "I’m not a businessman, but I do know that comic companies, for almost 100 years now, do whatever they can for shock value. They grab attention. Personally, I hate all the goofy things they do. When I was there, I used to fight stuff like this. But you can’t stop them."

Current Marvel writers have been sworn to secrecy about what happens once "Secret Wars" is done:

Dan Slott tweet

The lack of certainty about what this all means has led fans to wildly speculate, as well as poke fun at what might happen:

Fan tweet 1

Fan tweet 2

It's a story that's been years in the making.

"Every single time we've done an event, we've always had to be mindful of 'Secret Wars,' and we've had to make decisions based on the fact that we knew that 'Secret Wars' was headed our way," Alonso said.

Brevoort said that Hickman proposed a version of "Secret Wars" years ago, but that vision has since become significantly larger.

"It sounds like typical Stan lee hyperbole — and there's nothing wrong with typical Stan Lee hyperbole — but it is difficult to imagine something that would be larger in scope, in scale, than what we are doing with 'Secret Wars,'" Brevoort said.

That father of the modern Marvel comics world, Stan Lee, tells Newsarama that the reboot is "probably good."

"Anything they do that’s unexpected and different usually captures the attention of the fans," Lee said. "It sounds intriguing to me."

Lee also tells Newsarama that if he were to do it all again, he'd do it basically the same, describing what he did as "the right way to go, and maybe sometimes, even the perfect way to go."

"I liked making the Fantastic Four superheroes without a secret identity. I liked the tragedy of Spider-Man’s origin, the ‘with great power, there must also come great responsibility.’ I thought it was the right way of doing things at the time. And I still like what I’ve done," Lee said. "I can’t think, off the top of my head, of anything I’d really want to change."

What does "Secret Wars" mean for fans?

More details are promised in the weeks to come, with a free preview issue being released on Free Comic Book Day, May 2. While fans wait, they may want to heed the wait-and-see approach advocated by Conway and famed "Thor" artist Walt Simonson.

"Maybe this is coming back out of my old geology days, but I try not to have instant reactions to things and say, ‘Oh my God! That’s terrible!’" Simonson told Newsarama. "My basic reaction is usually ‘let’s see the evidence in the field.’ Let’s come back in a year and see what we’ve got. That will tell the story.”

And for those who say that Marvel is ruining their childhood by messing with the history of their favorite characters, Conway tells Newsarama:

"I would say to them, no, your childhood is still your childhood. There’s a point to be made, and it’s a universal one: We have to see that there’s a difference between what people do today, and what they did yesterday. Yesterday still exists, those stories still exist. Now someone else is getting a chance at a new childhood. And that’s nice."

Watch the full "Secret Wars" live press conference below:

Secret Wars press conference video

This content is from Southern California Public Radio. View the original story at SCPR.org.

Director Michael Apted (L) with Larry Mantle in the AirTalk studio.

This past Wednesday on "AirTalk," film director Michael Apted came in to talk with us about his eighth documentary in the series that's followed the lives of 13 people, beginning in 1964 when the kids were seven.  They've shared their stories with Apted every seven years, and he's clearly invested a lot of emotion into this project.

"56 Up" is wonderful for how it shows the mid-life evolution of the participants.  Apted includes scenes from earlier interviews, so that we see what aspects of today's 56-year-olds were present in childhood and what turns their lives have made over these years. 

"56 Up" is showing at the Nuart in West Los Angeles, and Apted will be doing Q-and-A at some of the screenings.

This content is from Southern California Public Radio. View the original story at SCPR.org.

 Many parents avoid any discussion about the facts of life with their children. Are you one of many contractors who have never clearly defined the “facts of wages” with each of your employees? 

State of the EHS Nation:

Exclusive results from ISHN’s 28^th annual White Paper Reader Survey

State of the EHS Nation- Exclusive results from ISHN’s 28^th annual White Paper Reader Survey:

Quick survey: on average, what time is it when you check Instagram for the first time on any given day? (Be sure to include your timezone!)
.
PS: Thank you for all the incredible support on yesterday’s announcement. ❤️ (at Toronto, Ontario)

“

What is deceptive, especially in the West, is our assumption that repetitive and mindless jobs are dehumanizing. On the other hand, the jobs that require us to use the abilities that are uniquely human, we assume to be humanizing. This is not necessarily true. The determining factor is not so much the nature of our jobs, but for whom they serve.

‘Burnout’ is a result of consuming yourself for something other than yourself. You could be burnt out for an abstract concept, ideal, or even nothing (predicament). You end up burning yourself as fuel for something or someone else. This is what feels dehumanizing. In repetitive physical jobs, you could burn out your body for something other than yourself. In creative jobs, you could burn out your soul. Either way, it would be dehumanizing. Completely mindless jobs and incessantly mindful jobs could both be harmful to us.

Rob Bristow, JISC as Programme Manager for e-Administration gives a plenary talk on Institutional Responses to Emergent Technologies - What JISC is Doing. As users of all sorts become more familiar with new technologies (including both Web 2.0 type software tools and user-owned devices) and become used to, and expectant of, managing their own data through 'self-service' applications and systems, questions are asked of institutions as to how they will respond to these new demands. JISC has been investigating this area through strands within its e-Learning and Users and Innovation programmes which have been focussed in the main on the learners' and users' experience. JISC has recently funded a further series of projects that address the way that institutions are responding to these new challenges, looking at organisational policies, practice and strategies, as well as funding pilot projects that demonstrate actual institutional responses. This work is in its early stages but the scope of the responses to the call for projects and some of the early results of the landscape study will provide some interesting real life information about institutional responses from across the sector. This talk will describe the work that JISC is doing and relate it to the Institutional Web Manager world.

David Hyett, Head of Information and Records Management, British Antarctic Survey gives a plenary talk on Web 2.0 - Whatever Happened to Web 1.0? At the start of the redevelopment of the British Antarctic Survey (BAS) external Web site, there was initial enthusiasm for "Web 2.0" with many stakeholders using the term without actually knowing what it meant. Fancy, interactive interfaces, are no substitute for good information architecture, good navigation and good content - all of which should be underpinned by understanding the user and their goals. The session will look at how the Web 2.0 concept can be interpreted and will argue that it should be used with caution. Web 2.0 by any definition is likely to have its place within an organisation's Web strategy but should only be considered once we've got Web 1.0 right! And let's now forget about "Usability 2.0" and "Accessibility 2.0" either! The experience and lessons learned by BAS will be highlighted.

Event Begins: Thursday, November 14, 2024 4:00pm
Location: Institute For Social Research
Organized By: Institute for Social Research

Join us for a panel discussion featuring:
Vincent Hutchings, Hanes Walton Jr. Collegiate Professor of Political Science and Afroamerican and African Studies and Research Professor, ISR Center for Political Studies
Mara Ostfeld, Research Associate Professor, Gerald R. Ford School of Public Policy and Faculty Associate, ISR Center for Political Studies
Josh Pasek, Professor of Communication and Media and Faculty Associate, ISR Center for Political Studies
Nicholas Valentino, Donald R. Kinder Collegiate Professor of Political Science and Research Professor, ISR Center for Political Studies

Panelists will discuss the outcomes of the 2024 US elections, exploring key trends, voter behavior, and the implications for the future of American politics.

Light refreshments will be served.

What birdie Minnie golfing pewter figure by Disney Chilmark is a(n) Chilmark Studios. The Edition is Limited to Limited Edition of 950 pcs

The European session is going to be once again a bit empty on the data front with just a couple of low tier data points. We get the 2nd estimate of the Eurozone Q3 GDP and the ECB Meeting Minutes. Both of them are old news and the market won't care much about it.

In the American session, the focus will be on the US PPI and Jobless Claims data. Yesterday's US CPI came in line with expectations and after a bit of a "sell the fact" reaction in the US Dollar, the market started to bid it again.

The CPI wasn't the main culprit though as the momentum got triggered by Fed's Logan comment saying "models show that Fed funds could be very close to neutral" potentially implying a lot more cautious approach on rate cuts in 2025.

13:30 GMT/08:30 ET - US October PPI

The US PPI Y/Y is expected at 2.3% vs. 1.8% prior, while the M/M measure is seen at 0.2% vs. 0.0% prior. The Core PPI Y/Y is expected at 3.0% vs. 2.8% prior, while the M/M figure is seen at 0.3% vs. 0.2% prior.

This report will be seen in light of the US CPI data yesterday as it will give us a better estimate of the US Core PCE due at the end of the month. An upside surprise might trigger some more US Dollar gains as the market could price out some more the rate cuts expected in 2025, but the December cut remains pretty much assured.

13:30 GMT/08:30 ET - US Jobless Claims

The US Jobless Claims continues to be one of the most important releases to follow every week as it’s a timelier indicator on the state of the labour market.

Initial Claims remain inside the 200K-260K range created since 2022, while Continuing Claims after an improvement in the last two months, spiked to the cycle highs in the last couple of weeks due to distortions coming from hurricanes and strikes.

This week Initial Claims are expected at 223K vs. 221K prior, while Continuing Claims are seen at 1880K vs. 1852K prior.

Central bank speakers:

• 08:30 GMT - ECB's de Guindos (dove - voter)
• 13:00 GMT/08:00 - BoE's Mann (hawk - voter)
• 14:00 GMT/09:00 ET - Fed's Barkin (neutral - voter)
• 15:00 GMT/10:00 ET - Fed's Kugler (dove - voter)
• 18:30 GMT/13:30 ET - ECB's Schnabel (hawk - voter)
• 19:00 GMT/14:00 ET - ECB's Lagarde (neutral - voter)
• 20:00 GMT/15:00 ET - Fed Chair Powell (neutral - voter)
• 21:15 GMT/16:15 ET - Fed's Williams (neutral - voter)

Why it's important?

The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts.

In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of the range, so even if the data comes out inside the range of estimates but on the lower bound of the range, it can still create a surprise effect.

Distribution of forecasts for PPI

PPI Y/Y

• 2.4% (11%)
• 2.3% (68%) - consensus
• 2.2% (16%)
• 2.0% (5%)

PPI M/M

• 0.4% (2%)
• 0.3% (13%)
• 0.2% (74%) - consensus
• 0.1% (7%)
• 0.0% (2%)
• -0.1% (2%)

Core PPI Y/Y

• 3.1% (12%)
• 3.0% (47%) - consensus
• 2.9% (35%)
• 2.7% (6%)

Core PPI M/M

• 0.3% (57%) - consensus
• 0.2% (40%)
• 0.1% (3%)

Analysis

We can ignore the headline PPI as the market will focus on the Core figures. We can notice that the expectations are skewed to the downside, so a higher than expected reading would be taken as more hawkish and likely give the US Dollar another boost. Conversely, a soft print could trigger a pullback.

The US Dollar remains in an uptrend as the market continues to price out the rate cuts expected in 2025. Right now we have another 25 bps cut priced for December and just two 25 bps cuts priced in 2025 which is already much lower than the Fed's projection of four.

Therefore, there's still a couple of rate cuts to price out in 2025 if the data continues to run hot, but at that point we would need a real acceleration in inflation to have the market pricing in a rate hike. For now, the bar for rate hikes is really high as the maximum the Fed is willing to do is to pause the easing cycle.

It's been a long wait for a new installment in the Stalker franchise, and after multiple delays—the most recent of which was to "fix more 'unexpected anomalies' (or simply 'bugs', as you call them)," we're finally just one week away from the release of Stalker 2: Heart of Chornobyl. Now that we've entered the presumed homestretch (barring

How do you rate Mario Cristobal's game management in the Hurricanes' loss to Georgia Tech? Take our poll and make your voice heard.

Approach messages from strangers with caution.

Tracking what youve accomplished, not just whats next.

4B is a South Korean feminist movement. American women have been talking about it since the election.

President-elect Donald Trump is starting to round out his new administration and is already making unprecedented changes.

El 29 de octubre en torno a las 18.00 horas la Generalitat ya pidió a la Comunidad de Madrid la textualidad del mensaje ES-Alert enviado a la población madrileña el 3 de septiembre de 2023 Leer

As a Latina mother and marketer, raising bilingual children in today's media landscape is both a joy and a challenge. Growing up, shows like Dora the Explorer didn't just entertain me--they helped me navigate a complex world between two languages. While English wasn't my first language, those shows gave me a sense of belonging in...

Some friends and I saw what looked like mini Halloween or Christmas lights, strung over some bushes as decoration. The light was solid orange, but when we walked by, or even just moved our heads, a green glow appeared behind or alongside each one. It wasn't an afterimage - it was clearly something that was coming from the bulbs. They didn't change color on their own, or twinkle or fade or have any other effects.

I'd really like to find some of these, not necessarily orange and green, but small lights where a different colored glow appears with movement. Is this something anyone is familiar with, or can suggest a search that would find them?

This photogenic, red-and-green whole fish from Contramar in Mexico City has been replicated at restaurants across the country, and for good reason.

When Deion Sanders and his CU Buffs host Utah, Folsom Field will welcome an old friend home.

Radioactive for the NASCAR Cup Series Championship at Phoenix Raceway in Avondale, Arizona.

Shaquille O'Neal joins the First Things First crew. Shaq answers if Denver Nuggets star Nikola Jokic can end career as a top 5 center. "He's on that list for me."

Billionaires Elon Musk and Vivek Ramaswamy will head an effort, dubbed DOGE, to reduce wasteful federal spending. Here's what it's about.

The West’s failure at phasing out Russian oil and gas sales has helped Russia's economy rebound, write Martin Vladimirov, Isaac Levi and Sergiy Makogon.

Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall Street will be paying close attention to the state of its streaming and theme parks businesses. Investors will also be listening for any details on the search for CEO Bob Iger's successor. Here is what Wall…

Sen. Marco Rubio's nomination as secretary of state will see him become the world's most important diplomat.

By JM McNab Published: November 13th, 2024

Republicans have won control of both chambers of Congress, yielding Trump limited congressional oversight for at least 2 years.

The Formula 1 race director has one of the most crucial roles in the sport.

Online conversations about Ozempic and similar medications are full of misinformation — and echo decades of flawed teachings on weight management.