3 graphic signs of financial stress – by New Deal democrat The theme of my weekly “high frequency” economic indicators update over the weekend was the sudden deterioration in some measurements of financial stress. Tomorrow we’ll find out that house prices as measured by both the FHFA and Case Shiller have decline further, and that […]
I have read enough on the bailing out of two banks (Silicon Valley Bank and the smaller Signature bank). in 2018, I had argued against increasing the $50 or $100 (?) billion limit to $250 billion. These were commercial banks which were allowed in 2008 to join with Wall Street banks to dabble in securities, […]
With the exception of the One-handed Economist, quite a few of these consumerism and environmental articles show up in my In-Box. Some of them are actually quite good. In the past I did have some of them my In-Box Post. I thought this time I would break them out separately. Most of the are from […]
Weekly Indicators for March 20 – 24 at Seeking Alpha – by New Deal democrat I’ve neglected to put this up for the past several weeks, but by now you know where to find my latest Weekly Indicator post at Seeking Alpha. Probably unsurprisingly, in the week after the Silicon Valley Bank failure, just about every financial […]
Via Diane Ravitch’s blog comes this note and bio to watch Dr. Fenwick livestream presentation. I am pointing to her work as somebody worth a look. Living with Histories That We Do Not Know with Leslie Fenwick Tuesday, April 11, 4 p.m. ET Dr. Fenwick will draw on her sustained contribution to education policy research and groundbreaking […]
This is a mixture of my comments and comments pulled from multiple sources (BLS, Cosmopolitan, , Why do Child Labor Laws Matter? Federal laws provide a minimum of protections for child labor. The laws were enacted nearly a century ago in reaction to children being exposed to dangerous activities. There was a time in this […]
There is now only one significant manufacturing datapoint that is not flat or down – but it’s the one the NBER relies upon – by New Deal democrat I am increasingly of the opinion that at the moment, the only two economic data series that are important are nonfarm payrolls and the personal consumption expenditure deflator. […]
If you think there is abuse in our welfare system, in this case TANF, you are correct. Only, it is not the people for whom the system is suppose to be helping. In fact, there are state who are sitting on the money not having spent/distributed it as they should have. As usual, John does […]
What fired me up this morning? I retrieved a post sitting in the trash. A News clipping posted by Fred Dobbs considered to be dangerous by the Angry Bear system. I retrieved it and it sits at the end of my commentary on Wisconsin. The clipping is a nice history lesson on Wisconsin. Mine is […]
New home sales for February increase; likely bottomed last July – by New Deal democrat Most of what you probably read elsewhere focuses on new home prices, which after finally declining -0.7% YoY in January, rebounded to +2.5% YoY. As is usual, prices follow sales YoY with a considerable lag (note since prices are not seasonally […]