Initial jobless claims: moving closer to a red flag warning – by New Deal democrat Initial claims for jobless benefits rose 12,000 last week to 248,000. The 4 week average declined -3,500 to 253,250. With a one week lag, continued claims declined -13,000 to 1.20 million: More importantly for forecasting purposes, initial claims are up […]
The Medicare Advantage Quality Bonus Program, Urban Institute, Laura Skopec and Robert A. Berenson The following is an introduction and a portion of a very readable report to which the link can be found at the end of this introduction. The findings are similar as to what Kip Sullivan and others have been reporting all […]
An important reason to read history is to gain a perspective on current events. If you watch exclusively mainstream media television, particularly Fox News, you might be forgiven for the belief that things in this country are the worst they have ever been in history. “1877: America’s Year of Living Violently” by Michael Bellisiles is […]
Coronavirus update: mid year 2023 – by New Deal democrat I haven’t done an update on the state of COVID since March or April. As we are halfway through the year, and just past the July 4 holiday get-togethers that sparked summer waves in the past, let’s take a look. Covid isn’t gone, but it […]
Infidel talks about the costly flops by the movie making behemoth executives and brought to us at our nearby Big Screen theater only to be disappointed and bored whichever comes first. Hopefully, there is good buttered popcorn . . . Infidel753: Cultural dinosaurs and creative exhaustion, Infidel753 Blog It’s no secret that American movies are […]
How does this article align with Angry Bear’s usual content? Well, it might not seamlessly integrate unless you view it through the lens of economic concerns, particularly in terms of personal finance and education. It serves as a reminder to exercise caution in managing your credit cards, emphasizing the importance to Access Capital wisely. My […]
Manufacturing and construction sectors continue downward pull on economy – by New Deal democrat As usual, we start the month with new manufacturing and construction data. The ISM manufacturing index goes all the way back to the 1940s, and has been a very good short leading indicator of recession throughout that time (although nothing’s perfect!). […]
SUNDAY, JULY 2, 2023 Weekly Indicators for June 26 – 30 at Seeking Alpha – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Movement among the indicators continues to be slow as molasses, but an important bifurcation stands out: indicators focusing on services continue to show good growth, while indicators focusing […]
As read at Naked Capitalism, Yves Smith writes . . .”This post provides a high-level debunking of the Fed/central bank approach of squeezing wages as the first line of attack against of inflation. It cites the views of James Galbraith. If you’d like to read a fuller discussion, please see his article The Quasi-Inflation of 2021-2022 […]
Real income continues to set records, while real spending and real total sales falter – by New Deal democrat Real personal spending faltered in May, and real total sales continued to falter in April, as of this morning’s report; while real personal income continued to be aided by the big decline in gas prices that […]