After zigging upward last week, interest rates zagged downward – but not as much – this week, enough to change the ratings on some interest rate sensitive indicators, like mortgages. And consumers continue to spend, despite all the shocks and sluggishness in things like the labor market in the past 15 months. Partial of “Weekly […]
Angry Bear writers, commenters, readers, critics, etc.. Have a safe Easter holiday with family, friends, good food, lots of fun with children if you have any, and eat some good food. Special family times on such holidays. Will be back on Monday to write, present, and talk again. Be safe. Happy Easter . . .
Maybe they can make a movie out of this one? Of all the important issues facing the United States, Trump is concerned about college football and basketball (to a lesser degree). So, he issues an executive order to establish his fix for it. ~~~~~~ “Urgent National Action to Save College Sports,” The White House, April […]
– by New Deal democrat With the stock market flailing around trying to keep its head above water, jobless claims along with consumer spending are the only two metrics that solidly support a continued economic expansion (ok, maybe ISM manufacturing is trending in that way as well). But to the point of this post: last […]
In his low-energy April Fools Day speech last night, Trump showed he hasn’t a clue how the world supply chains work: “In Wednesday night’s address to the nation, President Trump declared, “We’re now totally independent of the Middle East, and yet, we are there to help.” “We don’t have to be there — we don’t […]
– by New Deal democrat The two national repeat home sales indexes, from the FHFA and Case-Shiller, were reported this morning and both continued to confirm the gradual abatement in shelter inflation. The Case-Shiller National index (blue in the graphs below) up 0.2% for the three month period ending in January, while the FHFA index […]
Keep in mind, as the Baby Boomer population decreases there will be a population shrinkage. Indeed, it is shrinking as I write this short introduction. Replacement rate is at ~1.6 today. Without immigration, the economy could be short of labor as well as other issues. In spite of what Trump believes immigration is an important […]
Hmmm . . . I was looking at our retirement funds. They are really taking a bath and have dropped in value. However, I do believe they will return to what they were a year ago and better. A lot of things going on nationally and globally where the United States is being led in […]
Angry Bear Readers . . . once or twice a week, we are the recipients of commentary written by guest writer Erica York at The Tax Foundation. This is not a copy from a site that is simply pasted on Angry Bear. These are sent to the Angry Bear address. I then post them for […]
Ball Room Design versus International Integrity? Which comes first? The New York Times (gift link) had some real professionals and historic building experts weigh in. It’s not pretty: Trump’s Ballroom Design Has Barely Been Scrutinized – The New York Times The gift link to the Trump Ballroom was taken from the New York Times by […]