Yesterday 30-year US bonds were issued with a very high interest rate, prepare for more and more auctions with this result.
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Transcarent sells services to employers to help employees and their families navigate the health system, find the best prices, get treatment for certain kinds of conditions. It is paying $621 million to buy Accolade, which offers a "personalized" health care platform and similar navigation services. Both companies are heavy on the hype and short on financial performance. Accolade, for example, had $414 million in revenue and lost $100 million. Wow, kind of hard to lose that much money on that much revenue.
https://www.fiercehealthcare.com/health-tech/transcarent-acquire-health-benefits-platform-accolade-621m-deal?utm_medium=email&utm_source=nl&utm_campaign=HC-NL-FierceHealthcare&oly_enc_id=4679D3169845B3YNot a lot of change month-over-month in the job openings and labor turnover report.
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Even worse news from today's ten-year Treasury note sale than from yesterday's three-year one.
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US debt is looking unloved early in 2025, no change from 2024.
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Wind power is far more expensive than natural gas when all costs are factored in.
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A couple of studies add to the evidence that concern about supposed human-caused warming is grotesquely exaggerated.
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Whacked weirdos Dayton and Walz are responsible for excessive state government spending, including on education, while performance declines.
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Consumers are stressed and it will affect economic growth.
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I have no idea what will happen in 2025 but I can make up some thoughts.
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Health Affairs is one of the foremost health research journals, with an unfortunate lean toward DIE over the last few years.
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2024 was an anxiety-inducing year but maybe a substantial change for the better has occurred.
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