Good numbers out today from the Thomson Reuters / University of Michigan consumer confidence index, which rose to 64.2 from last month's 60.9, the third monthly gain. This is still a pretty low number, and I don't put much stock in the index as a leading indicator. A perhaps more telling datapoint is the specific survey result that lots of people say they're looking at buying a vehicle in the near future. A lot of the winter recovery thus far has been driven by the growth in car/truck sales, and this is, along with housing, the key cyclical sector.
TODAY IN SLATE
The Ebola Story
How our minds build narratives out of disaster.
The Budget Disaster That Completely Sabotaged the WHO’s Response to Ebola
PowerPoint Is the Worst, and Now It’s the Latest Way to Hack Into Your Computer
The Shooting Tragedies That Forged Canada’s Gun Politics
A Highly Unscientific Ranking of Crazy-Old German Beers
Welcome to 13th Grade!
Some high schools are offering a fifth year. That’s a great idea.
The Actual World
“Mount Thoreau” and the naming of things in the wilderness.