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

Five Stats making ASC Healthcare execs nervous

As I have said before, I get many things in my In-Box. Beckers Healthcare ASC News Review is one of them. If you do not know what an ASC is, I have included a definition. U of M Hospital has a few of the around Ann Arbor. Ambulatory Surgery Center = modern health care facilities […]

Have new home sales made a bottom?

Have new home sales made a bottom?  – by New Deal democrat Hopefully you are recovering from your turkey coma today. Here’s a little late commentary on Wednesday’s new home sales report. New home sales are noisy, and heavily revised, which is why I prefer housing permits, and especially single family housing permits, as a […]

Arizona Election is Over Except for Maricopa County

I expect the issues in the Republican led Maricopa County will take a while to resolve as there will be an election recount. AG candidate Abraham Hamadeh will require answering. His wish for the state to declare him the winner before a recount will need answering too. Doubt it. In Don’t Cry for Arizona Yet, […]

Jobless claims have a poor week, rising to multi-month highs

Jobless claims have a poor week, rising to multi-month highs  – by New Deal democrat Initial claims for jobless benefits rose 17,000 this week to 240,000, a 3 month high. The 4 week average also rose by 5,500 to 226,750. Continuing claims one week ago rose 48,000 to 1,551,000, the highest number since March: While […]

Student Loan Debt Relief Repayment Paused

“Student loan repayment pause extended while waiting for debt relief,” (qz.com), Ananya Bhattacharya Student loan repayments were set to restart in the new year of 2023 if not forgiven. Another six more months breathing room has been granted before those repayments start again. The US Department of Education (DoE) announced the extension on November 22. The original moratorium […]

When Economic Distress Becomes Terrorism

“The Bell: When Economic Distress Becomes Terrorism,” thebell.blogspot.com, “Tom Dinger” What has changed since February 24, 2010? Have things gotten any better since then or 911? Are we still looking at an economic sinkhole for many people? In the last two years, programs were put in place to rescue people in spite of politics. What […]

More on deteriorating tax withholding receipts and jobs reports

More on deteriorating tax withholding receipts and jobs reports  – by New Deal democrat I have a new post up at Seeking Alpha, laying out all of the short leading indicators, and concluding conditions have now been met for a recession to begin at any point in the next 6 months. There’s one graph I intended […]