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

Trumps Poor Showing in New Hampshire and Iowa

Trump’s poor showing in New Hampshire, Robert Reich. Friends, As I noted earlier today, the mainstream media is falling over itself in seeming awe of Trump’s “powerful” campaign. The truth is just the opposite. Last week, he won fewer than 7 percent of registered voters in Iowa. Trump’s success in last week’s Iowa caucuses wasn’t […]

Core capital goods orders, three month average of manufacturers’ new orders both make new all-time highs

Core capital goods orders, three month average of manufacturers’ new orders both make new all-time highs  – by New Deal democrat Before I update this morning’s personal income and spending data, I wanted to briefly note some significant news in yesterday’s report on manufacturers new orders. (I’ll discuss the important leading metrics from the GDP report […]

In-Box Topics Which May be of Interest

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Our Healthcare Data Infrastructure Is Abysmal, MedPage Today, John (Xuefeng) Jiang. Is our healthcare data […]

New home sales: if you lower prices, they (buyers) will come

New home sales: if you lower prices, they (buyers) will come  – by New Deal democrat New home sales are the most leading of all the housing metrics, but suffer from being heavily revised as well as extreme volatility.  With that caveat out of the way, in December new single family home sales (blue in […]

Visting www.nytimes.com I am shocked, shocked to find that editing is going on there.

My quest to detect evidence that the New York Times actually employs copy editors has arrived at success (a day late and an apology short). TI just discovered that today this article begins with the not absurdly incorrect abstract “Five universities have agreed to pay $104.5 million to settle a lawsuit accusing them of violating […]

Who’s in Charge Here ?

By “here” I refer to my home town Washington DC. The answer, obviously, is that Binyamin Netanyahu is in charge there. At least he has much more influence over US Federal Government spending than the guy wincing in the photo. Both Biden and Netanyahu know that Netanyahu has much more support in the US Congress […]

How Redistribution Makes Us All Richer

Modeling the numbers on bottom-up and middle-out economics. How Redistribution Makes Us All Richer, Wealth Economics, Steve Roth You hear a lot about bottom-up and middle-out economics these days, as antidotes to a half-century of “trickle-down” theorizing and rhetoric. You’re even hearing it, prominently, from Joe Biden. They’re compelling ideas: put more wealth and income […]