– by New Deal democrat Late last year I noticed that the regional Fed manufacturing indicators were improving – despite the “Liberation Day” tariffs and the general chaos coming out of Washington. It appeared that manufacturers had found a modus vivendi and had adapted to the new environment. That subsequently showed up in a number of […]

People wonder if the big three will stay in the United States. They will be around for another ten years doing the assembly part and buying components and assemblies (wire harnesses, etc.) from overseas. And yes there is cost to doing it this way. Once on the dock, they own it. Six weeks on the […]

I rarely eat beef. Maybe once or twice a year. The closest thing I eat to beef is bison, and even that only a pound or two a year. I long ago switched to chicken, turkey and fish for animal protein. Beef prices are skyrocketing. “Retail beef prices are hovering near a record high. Last […]

Talking Election Politics Hers . . . It has been five years since we lived in Michigan. Mallory took office in 2019 as a State Senator. She appeared competent and I did support her running for office. Apparently, she has done well enough and is popular enough to run as a Federal Senator. Her opponent’s […]

– by New Deal democrat Just as forecast by the Cleveland Fed, the CPI in May increased 0.5% – less than the increases in March and April, but still too high. Core CPI, which excludes food and energy, increased only 0.2%. The YoY% gains both also increased, to 4.2% and 2.8% respectively. to increase to […]

Steve Roth — Wealth Economics When you look at the left side of an entity’s balance sheet or its brokerage account statement, you see a list of things that the entity owns, with an estimate of what those assets are worth. The estimates are generally at current market value — what somebody would pay for those assets at […]

J.P. McJefferson Thoughts J.P. McJefferson Artificial intelligence (AI) has become one of the most discussed technologies of our time. Governments around the world are debating regulations. Legislatures are holding hearings. Experts are proposing safeguards. Companies are publishing ethical principles. Yet amid all this activity, one critical issue receives surprisingly little public attention: AI is a […]

 – by New Deal democrat First of all, my usual caveat: although they constitute about 90% of all housing sales, I don’t pay too much attention to existing sales because they are not nearly so important as new home sales, since the latter involve much more economic activity in the building process, plus more landscaping […]

“‘Trump’ Kennedy Center Gets SLAPP-ed,” Taken from “Above the Law,”   Liz Dye on June 08, 2026 Bravo As we wait to see if the Kennedy Center complies with Judge Cooper’s order to take Trump’s name off the building by June 12, the arts center lost yet another legal battle on Friday. This time it was Judge Tanya […]

As you probably know by now, I subscribe to Paul Krugman’s column which I read whenever I see something of interest. to me and maybe you too. Every once and a while I may C& P one column that is days old and post it at Angry Bear and of course attribute Professor Krugman. As […]