September jobs report: a very positive report within a framework of continued deceleration As I have written many, many times, consumption leads employment; and the near stagnation in real sales and spending signaled that we should expect weaker monthly employment reports, with both fewer new jobs and a higher unemployment rate. In September, the former happened; […]
Open thread Oct. 3, 2022, Angry Bear (angrybearblog.com)
Jobless claims rise; the gas price low is probably ending – by New Deal democrat Initial jobless claims may have ended their recent downtrend. Initial claims rose 19,000 to 219,000 from last week’s 5 month low. The 4 week average rose 250 from its 4 month low to 206,500. Continuing claims, which lag somewhat, increased […]
Open thread Sept. 30, 2022, Angry Bear (angrybearblog.com)
One Handed Economist David Zetland reviews a review by The Economist of the book Superabundance. I admit I did not read the book or even scan it. I will do so later when I have some time to do so. The subtitle kind of gives it away as it promotes (“The Story of) Population Growth, […]
September manufacturing new orders and August construction spending both turn down – by New Deal democrat As usual, we begin another month and another quarter with important manufacturing and construction data. The ISM manufacturing index has a very long and reliable history. Going back almost 75 years, the new orders index has always fallen below 50 […]
As you can see bullet spewing weapons takes the lead this week. There are a lot of articles as taken from JAMA Network. which also has more and unlisted here. You are probably also wondering why the term “bullet spewing weapons” verbiage. There was always a discussion on semi-automatic, automatic, revolvers, etc. So, I cut […]
This is kind of an interesting story. It shows how crazy some of us and it also shows a presence in our military too. Active or reservist military are not supposed to be doing this. Here we have an off-duty officer of the Massachusetts Army National Guard following a busload of senior citizens in a dangerous […]
I really have to write about macroeconomics given the drama across the Channel in the UK. The story so far is that New Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng have managed to spook money managers by threatening to cut their taxes . Kwarteng proposed a mini budget cutting the top […]
Kind of a mixed bag of what news was showing up in My In-Box. It was evenly spread amongst various topics. Ford building a battery plant just like everyone else is planning. Wall Street buying up residential homes. That purchasing of houses will come to no-good for the average citizen. ACA Preventive is under threat […]