First a story, then an introduction to Student Loan Justice Org. and Their Town Hall Meeting November 20th, and finally some cold hard facts from founder Alan Collinge about what is happening to millions of people who have student loans. Your Angry Bear blogger and activist went to a garden party in Michigan in support of […]
Lack of inflation in September consistent with weak demand; real wages increase, but will the pandemic derail the gains? Consumer prices were unchanged in October, both on a seasonally adjusted and unadjusted basis: But while the lack of inflation is good news in isolation, the last two months can also be viewed […]
New and continued jobless claims: best week of the pandemic; can it survive a new emergency? This week’s new and continued jobless claims, both seasonally adjusted and unadjusted, declined to new pandemic lows – but at levels roughly equivalent to their worst readings during the Great Recession. On an unadjusted basis, new jobless claims […]
New Reasons To Believe Trump Will Not Attempt A Coup Officially Trump continues to hold a hard line of denying he has lost, with most GOP officeholders continuing to support his denials publicly, and he is likely to continue to not officially concede in various ways, including such as blocking official support for the transition […]
by New Deal democrat Weekly Indicators for November 9 – 13 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. With Joe Biden assuming the Presidency on January 20, and an announcement of a successful vaccine by Pfizer that should be available by next spring or summer, the short and long leading indicators […]
September JOLTS report shows jobs recovery has been real – but will it continue? Yesterday’s (Nov. 10) JOLTS report for September showed a jobs market that continues to be, ever so slowly, on the mend. Openings and quits were up (good), and layoffs and discharges were down (also good). The only negative was that […]
Imagine a world where 70% of the 7.4 billion population lives in its developing countries. Imagine a world where more than 70% of the population is considered to be of low income. Imagine a world where, in one continent alone, most of that continent’s 1.2 billion population live in its underdeveloped nations. Now imagine raising […]
by Joseph Joyce 2020 “Globie”: The Carry Trade It is time to announce the recipient of this year’s “Globie”, i.e., the Globalization Book of the Year. The award gives me a chance to draw attention to a book that is particularly insightful about some aspect of globalization. This year’s winner is The Rise of Carry: The […]
Barkley Rosser, Econospeak Blog, “Is Trump Going To Attempt A Coup?“ I realize that Joe Biden just held a press conference where he basically dismissed the refusal of Trump and a lot of other Republicans to concede the presidential election to Biden as “embarrassing,” laughing at Secretary of State Pompeo who earlier today talked about […]