This is not just Physican practices being bought up. A while back I was writing about hospitals merging with other hospitals and healthcare practices being bought up. The advantage of such is in negotiating rates with insurance companies. ~~~~~~~~ A measurement of the competitiveness of a hospital within a certain area of the country is […]
January personal income and spending: Goldilocks is knocking at the door – by New Deal democrat Personal income and spending has become one of the two most important monthly reports I follow, because it nets out the impacts of higher interest rates and abating inflation due to the unlinking of the supply chain. Because real […]
We did not see many Cubans come over the fence to escape to the Naval Base known as GITMO. It was just not possible as the fence surrounding GITMO was watched closely by the Cuban military. The history behind the designation of GITMO is derived from a bit of history – 1917. In 1917, sugar […]
I was stationed in Cuba at GITMO for almost a year. Came back stateside every 4-5 months. I could not tell you much about the country itself. We did get people coming over the fence to escape. Not sure what happened to them. I think it is about time we loosen up on this island. […]
Initial claims still very positive, especially YoY – by New Deal democrat Before I get to this morning’s personal income and spending report, let’s get the latest weekly update to jobless claims out of the way. New jobless claims rose 13,000 to 215,000, while the four-week moving average declined -3,000 to 212,500. Continuing claims, contrarily, […]
The state of freight – by New Deal democrat There’s no significant economic news today. Yesterday we did get durable goods orders, which are an official leading indicator. I don’t pay too much attention to them, because they are so volatile. Thus yesterday’s big -6.1% decline (blue in the graph below) is more likely than […]
Michigan has always been in the hunt for new model manufacturing in Michigan. This one pitched by Michigan to GM is nothing new. Just another state buying a company by funding its stay. I can find my records on this, Michigan owes $billions to corporate Michigan. This all started with Governor Engler. Companies are used […]
Repeat sales house price indexes continue to increases on par with past expansions – by New Deal democrat House prices lag home sales, which in turn lag mortgage rates. Yesterday we got the final January reading on sales. This morning, we got the final monthly (for December) read on prices, for repeat sales of existing […]
This merger would only make groceries higher in cost. The economies of scale would not be passed along to consumers. Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceries, QUARTZ The Federal Trade Commission has sued to block the $24.6 billion acquisition of Albertsons by rival […]
Over at jabberwocking.com, Kevin Drum takes on Paul Krugman over his assertion that small-town America is aggrieved because the working-age men are more likely to be unemployed than their metropolitan counterparts. As usual, Kevin brings the charts and numbers to show that while Krugman isn’t wrong, the differences are small and don’t explain “white rural […]