By law, everyone who arrives at emergency departments must be assessed and stabilized, regardless of their ability to pay. This makes EDs, the most expensive form of healthcare, a provider of last resort for the uninsured. Nationally, hospital EDs handle 120-140 million visits each year, and the number of hospital emergency departments is declining, with […]
Imposing a tariff may not be the best idea. Forcing manufacture or assembly in the US may be a better idea. The idea is to bring manufacturing back to the US. And either of the former are not ideal. “World’s second largest automaker makes dramatic move as it stops all US car imports,” Daily Mail […]
Angry Bear will continue to present my fellow writer and acquaintance who I met at Pomo’s Pizzeria in Phoenix while he was on vacation. Great pizza, wine, and conversation. “Is a T—-p Tariff recession starting? My plan for real-time daily, weekly, and intramonth updates“ – by New Deal democrat Normally on the Monday after the […]
I guess I should preface this with my thoughts. Would a sane man do something such as what Trump is doing? What would be the point of raising tariffs and crashing the economy? Business will recoup; but will citizens quickly? There are millions of citizens who do not have the $millions who may never recoup. […]
A consequence of the 9/11 attacks was that the New York Stock Exchange and the NASDAQ were shut down for a week. “When trading resumed that week of September 17, 2001 . . . over the following five days, the Dow Jones average decreased more than 14%, the S&P 500 tumbled 11.6% and Nasdaq fell […]
Trump goes golfing while the nation burns . . . As taken from The Daily Beast “Amid the carnage of this week wrought by his own decision to start a global trade war and send the stock market plummeting, President Donald Trump experienced a personal victory after winning a round of golf at his own golf course. On Saturday, Trump won the […]
“Tesla wins, Detroit bleeds,” Bernstein analysts led by Daniel Roeska declared Thursday. “Tesla is the clear structural winner…. For everyone else, this is a margin reset and real drag on near-term earnings power,” Roeska continued.” The only imported part for Teslas appears to be a wire harness made in Mexico. That’s expected to add less […]
Rachel Maddow: Trump crashed the world’s markets based on on the advice of a fictional economist. Summary The video highlights a Rachel Maddow segment revealing that Donald Trump’s tariff policy, destabilizing global markets, was based on advice from a fictional economist invented by Trump adviser Peter Navarro. This absurd but dangerous origin story underscores the […]
– by New Deal democrat My question over the past year has been whether “deceleration” would turn into “deterioration.” For a “soft landing,” deceleration would need to end, and the numbers stabilize, vs. continuing to deteriorate towards an actual downturn. With the stupefying economic moves by the new Administration, looking for hard data indicating the onset […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. You may be surprised to learn that despite the 10%+ stock market crash on Thursday and Friday, my rating for the short leading indicator of the S&P 500 is still “neutral.” That’s because the market is extremely volatile. There was an all-time […]