Relevant and even prescient commentary on news, politics and the economy.

Joe Manchin believes Income Inequality is not a problem

Does Joe Manchin Believe That Income Inequality Is a Problem?, Horizons, Nancy LeTourneau’s big picture looks at politics and life Nancy was one of the regular writers at Washington Monthly. She had well – written fun reads, some of which I disagreed with in my numerical way. I am a numbers guy. The editors of […]

Moderna booster on the way?

“Preliminary Analysis of Safety and Immunogenicity of a SARS-CoV-2 Variant Vaccine Booster,” medRxiv preprint Authors: Kai Wu1*, Angela Choi1*, Matthew Koch1*, LingZhi Ma1 , Anna Hill1 , Naveen Nunna1 , Wenmei Huang1 , Judy Oestreicher1 , Tonya Colpitts1 , Hamilton Bennett1 , Holly Legault1 , Yamuna Paila1 , Biliana Nestorova1 , Baoyu Ding 1 , […]

Fed’s Powell Sees Agriculture Inflation Continuing

Agri-Economist and farmer Michael Smith talking inflationary impacting crops and farmers. Higher inflation rates “will likely remain so in the coming months,” Federal Reserve Chairman Jerome Powell acknowledged today in testimony before the Senate Banking Committee. Powell has been in meeting this week discussing the persistent inflation going into next year.  Powell noted the effects […]

Durable Goods: Orders Up 1.8%, Shipments Down 0.5%, Inventories Up 0.8%

Blogger RJS,@ Market Watch 666, “August Durable Goods: New Orders Up 1.8%, Shipments Down 0.5%, Inventories Up 0.8%“ The Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for August (pdf) from the Census Bureau reported that the value of the widely watched new orders for manufactured durable goods increased by $4.6 billion or 1.8 percent […]

Healthcare News from My Inbox

Various articles which may interest Angry Bear readers. Supply chain disruptions may last into 2023 & more (beckersasc.com) Seven Supply Chain by Beckers ASC Review. For example: “Many companies that pivoted their business plans early in the pandemic to respond to shortages of medical supplies are now facing severe financial consequences.” I Got Moderna. Can I Boost […]

For enterprising libertarians, the war on the war on covid is the gift that keeps on giving

In a recent post I suggested that distrust in the government’s handling of covid and in the safety and efficacy of vaccines is mainly the result of a deliberate messaging campaign by conservative media, libertarian propaganda organizations, and Republican politicians to gain political or ideological advantage by fostering distrust.  To illustrate this, I want to […]

The producer portion of the economy continues to do well

The producer portion of the economy continues to do well First, a little blogging note. This week is light on data. House prices tomorrow, jobless claims Thursday, then a bunch of month end/beginning data on Friday. In other words, don’t be surprised if I take a day off. This morning the report on durable goods […]