This is mainly belated comentary on “How a Ragtag Militia in Yemen Became a Nimble U.S. Foe” I think there are lessons to be learned from the success of the Houthi militia in Yemen. The lesson I learn is the lesson I claim to have learned again and again — most US defence spending is […]

AB: I am cheating and giving you the close to the last line in NDd’s report. You really should read NDd’s report in its entirety. A three minute read? “this month’s report continues to reflect a consumer economy that is doing very well.” December 2023 personal income and spending: Goldilocks is in the house UPDATED […]

Core capital goods orders, three month average of manufacturers’ new orders both make new all-time highs  – by New Deal democrat Before I update this morning’s personal income and spending data, I wanted to briefly note some significant news in yesterday’s report on manufacturers new orders. (I’ll discuss the important leading metrics from the GDP report […]

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Our Healthcare Data Infrastructure Is Abysmal, MedPage Today, John (Xuefeng) Jiang. Is our healthcare data […]

New home sales: if you lower prices, they (buyers) will come  – by New Deal democrat New home sales are the most leading of all the housing metrics, but suffer from being heavily revised as well as extreme volatility.  With that caveat out of the way, in December new single family home sales (blue in […]

By “here” I refer to my home town Washington DC. The answer, obviously, is that Binyamin Netanyahu is in charge there. At least he has much more influence over US Federal Government spending than the guy wincing in the photo. Both Biden and Netanyahu know that Netanyahu has much more support in the US Congress […]

Modeling the numbers on bottom-up and middle-out economics. How Redistribution Makes Us All Richer, Wealth Economics, Steve Roth You hear a lot about bottom-up and middle-out economics these days, as antidotes to a half-century of “trickle-down” theorizing and rhetoric. You’re even hearing it, prominently, from Joe Biden. They’re compelling ideas: put more wealth and income […]

Attacks on Red Sea shipping, and its tie to US energy consumption  – by New Deal democrat The drought in economic data continues today. So let me continue on the issue of energy, tying into yesterday’s note on hybrid and electric vehicles. Here’s an eye-opening graph from JP Morgan via Carl Quintanilla’s social media feed, showing […]

Follow-up to “Why is Boeing such a shitty corporation?” Angry Bear, by Robert Reich Assebly Issue – Boeing 737 Max Plug Bolts not specifications. No defective parts, just defective assembly. As I said to Ron . . . “The same with cars. For example, Testing on vehicles such as smashing into a wall (commonly seen […]

A discussion: EV sales have been stalling, while hybrids are flying off dealer lots  – by New Deal democrat In addition to housing, the other big area where supply shock inflation has not completely resolved is vehicles. Basically almost the entirety of 2020 production was lost, leading to roughly a 10 million vehicle shortfall in […]