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

The laws of physics haven’t been repealed by AI

Political events have moved so fast recently that I’ve found it hard to crystalize my thoughts enough to write a post. When that happens, I turn to topics related to science, which are in my wheelhouse. You may have read about how a colonel was rescued deep inside Iran using a technology dubbed “Ghost Murmer.” […]

Recessionary signals in February?

“Recessionary signals in February personal income and spending, but some bright spots as well”  – by New Deal democrat Personal income and spending are among the most important monthly indicators of all, because they give us a detailed look at consumption by the broad range of American households. And since consumption leads employment, they also […]

Losing in Iran?

It’s consistent with how other countries, organizations, and people have defeated him. We are supposed to negotiate before the war, not during it. Trump was not going to do it anyways. He had another 12 threats to make. Some remarks by Robert Reich. And the fool to both the world (and Israel too) is looking […]

Student Loan Forgiveness Mostly Does Not Exist

Some stories about Student Loans. In the past, I have written about student loans. If in the end, you can pay them off with little delay, you are golden. The problems arise when a student can not find a decent paying job. It becomes a matter of what do I have for dinner as there […]

Looking at Some Economic Indicators

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 […]

Sunday Easter Holiday

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 . . .

“Saving College Sports”

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 […]

Jobless claims continue near historic lows; I expect the unemployment rate to decline

 – 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 […]

Stable genius and dealmaker

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 […]

FHFA and Case Shiller repeat sales indexes continue to show further disinflation

– 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 […]