A long time ago, I was starting to envision how my wife and I might become a burden to our three children. I hooked up with AARP and took out a plan for Long Term Care which would cover us for four years. At the time, this was said to be the limit of life […]
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 […]
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 […]
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 […]
I read this article “MAGA warning to Dems is right on target.” An OpEd by the NY Post. Others may disagree, I believe it to be nonsensical. Just some rich guy saying, I like it like this. Don’t change it. There is a lot saying he is wrong. Adding the detail in brevity. You can […]
The Bonddad Blog: Are working class wages really still a malady? New Deal democrat Via Kevin Drum, NY Times columnist Nick Kristof says, “There isn’t a good term for the bundle of pathologies that have afflicted working-class Americans . . . .” “One gauge of how many Americans are struggling is that average weekly nonsupervisory wages, a […]
Weekly Indicators for January 15 – 19 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The big headlines yesterday were that stocks made a new all time high, for the first time in two years. Meanwhile, estimated plus actual earnings so far for the 4th Quarter of […]