Open Threads are created for people to have conversations which may not fit in with topical posts . . . a comment which may be off topic. I usually offer up one topic to start a conversation. Many think it is ok to abandon a nation threatened by a global threat in the form of Russia. […]
Industrial production remains below late 2022 peak even after end of UAW strike – by New Deal democrat Industrial production historically has been the King of Coincident Indicators, turning up and down at the onset and end of recessions in the past. But as I wrote last month there are signs that has changed in […]
Real retail sales mildly positive, but still suggest further deceleration in job gains – by New Deal democrat Before proceeding further, I should mention – and should have mentioned as to jobless claims – that we are in that part of the year where seasonality often wreaks havoc, so outsized gains or losses should be taken […]
Controversial? My Background? XMarine Sergeant E5 served 68-71. Not an 0311. Was made a Sergeant a couple of months into my third year. Excellent shot with M14. Served during the Vietnam years when the US did most of the fighting. US pulls out and South Vietnam collapses. US assists Afghanistan in fighting. Does most of […]
Jobless claims: good news all around – by New Deal democrat This was one of the best weeks as to jobless claims all year. Initial claims declined -17,000 to 202,000, a tie for the 2nd lowest number in 10 months. The four week average declined -7,750 to 213,250. With the usual one week delay, continuing […]
Producer prices, “sticky” consumer prices – basically, everything except shelter show nearly complete abatement of inflation – by New Deal democrat The producer price index released this morning for November is yet further confirmation that inflation ex-shelter is simply not in the pipeline. Both total and core PPI were unchanged for the month. Both commodities […]
If the throughput of product remains the same or increases, why wouldn’t a 4-day labor week be allowed? If more output is required, another shift can be started on the fifth day. Tom Walker has discussed such utilization of production labor to gain greater productivity. There is no loss of money to the company. Labor […]
Real aggregate payrolls rise to new high as CPI ex-shelter continues somnolent – by New Deal democrat With few exceptions, the November CPI report once again demonstrated how important fictitious shelter is to its calculation, as well as how important the inflection point of $5 gas in June 2022 has been. Headline inflation rose only […]
Topics pulled from my In-Box which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical. Healthcare Some Reasons to Get Off the Fence About COVID Booster, medscape.com, Debby Waldman. Researchers found that getting vaccinated led to a 69% reduction in long-COVID risk […]
Scenes from the leading sectors of the November jobs report: why I sounded a note of caution – by New Deal democrat I seem to have been something of a negative outlier with respect to last Friday’s jobs report. Not because I was downbeat – although I said there were “warning signs of weakness,” but […]