– by New Deal democrat First of all, my usual caveat: although they constitute about 90% of all housing sales, I don’t pay too much attention to existing sales because they are not nearly so important as new home sales, since the latter involve much more economic activity in the building process, plus more landscaping […]
I did not get a chance to post this commentary about the last day for Federal Reserve Chair Jerome Powell who stepped down as the Chair. Just to be clear, he was succeeded by Kevin Warsh. Powell did break precedent by remaining on the Fed’s governing board as a governor. He will serve out the […]
I can not remember a time when there was no conflicts occurring globally. If I use AI and ask the question. This is what Artificial Intelligence comes back with in reply. I was involved in the late sixties and early seventies. Did my enlistment time and left to civilian life. They promised everything. However, I […]
As you probably know by now, I subscribe to Paul Krugman’s column which I read whenever I see something of interest. to me and maybe you too. Every once and a while I may C& P one column that is days old and post it at Angry Bear and of course attribute Professor Krugman. As […]
– by New Deal democrat It’s the Monday after the jobs report, and as usual there is no new data today. So let’s take a look at a few of the salient trends from Friday’s report. First of all, this was the fourth good report in a row. Furthermore, it isn’t just goods producing jobs […]
I know Econofact is discussing various programs as being an issue. Social Security being one of them. That may be true for Social Security if the funds are not available to pay back what is owed to the Trust fund. The other issue being the decreases in taxes for upper income brackets which would have […]
Weekly Indicators for June 1 – 5 at Seeking Alpha – by New Deal democrat The large majority of the high frequency indicators remain positive. Interestingly, though, one of the early warning signals for credit tightening, the Chicago Fed’s Leverage Index, is now at a level that in the past has more often meant a […]
All of this to keep immigrants out of the United States even though replacement rate is down and decreasing. A term I am learning from the VA as they argue with me about how I was poisoned while at Camp Lejeune is “More Likely than Not.” Moe likely than not replacement rate in the US […]
An update on a global energy issue. This abbreviated report from Oil Price is written by Alex Kimani. It is abbreviated by me so as to make it an easier and a quicker read at Angry Bear. It is mostly a copy of what has been presented by Oil Price. The link is there if you […]
Letter to Congressional Representative Seth Moulton by Sanuel Walker . . . “Just as a turnpike provides time and place utility for product and people, a railpike would also. And, just as a turnpike does not provide pick up and delivery of product and people, likewise a railpike would serve to provide transport service from […]