Two “fundamental” indicators for the American middle/working class and the economy – by New Deal democrat This week is a little light on data, except for housing permits and starts (Tuesday) and existing home sales (Thursday), so let me catch up on a few other indicators. In particular, two of my favorite indicators are based […]
A different opinion as stated by a former Police Officer who has been on Fox News before. Fox news has always been the recipient of supporting conversation when it came to guns. Only this his discussion on Fox News about AR15s was quite different and took a different turn. Posted as: Watch This Gutsy Detective […]
I used to think Minnesota was a pretty cool state. Spent some time in the boundary waters between Minnesota and Canada. Great experience for a 15 year old. After reading this, I find Minnesota to be just as backwards as Wisconsin is outside of Madison and Milwaukee. Great place to roam and bad politics. I […]
Back before, municipal and state governments, pension funds, etc. mostly invested in financials of the manufacturing sort. Then, America was in the manufacturing business. An issuing manufacturer was contractually bound to hand over the return owed. The investors were entitled. If they didn’t get their entitle, it was, ‘”see you in court.” In 2023, in […]
Weekly Indicators for April 10 -14 at Seeking Alpha – by New Deal democrat My ‘Weekly Indicators’ post is up at Seeking Alpha. The slow drip-drip-drip of deceleration generally continues. Perhaps most significantly, YoY consumer spending as measured by Redbook sank to a new post-pandemic lockdown low of only +1.5%. But other coincident indicators in particular, […]
The last few days, I have been pointing to the Opioid epidemic which did not just start with Fentanyl. It has been ongoing before the introduction of Qxycontin by the Sadler’s Purdue Pharmaceuticals. In 1996. It was advertised by Purdue as a nonaddictive drug by misquoting Doctors Jane Porter and Herschel Jick’s letter to NEJM […]
Real manufacturing and trade sales probably rose to a new record high in February; may have declined in March – by New Deal democrat Real manufacturing and trade sales is one of the 4 monthly coincident indicators most monitored by the NBER to determine whether the economy is in expansion or recession. Because the reporting of […]
Positive revisions make for a good March industrial production report – by New Deal democrat If retail sales for March were bad, industrial production (blue in the graph below) was at very least mixed to the upside. Total production increased +0.4%, and on top of that February was revised higher by +0.2%, and January was […]
Yes I am complaining about filing a tax return (I wonder how many people are blogging such complaints today). I am trying to e-file a return for [un-named relative X] who is a full time student with zero income and IRS anxiety. OK so we are silly as X is not required to file a […]
The other day I posted some charts covering drug addiction. in the US. The first Bar Chart below matches up with Figure 3 in that post “Drug Overdose Death Rates in the US,” Angry Bear. Today’s post as taken from the Senate Joint Economic Committee fleshes out the numbers cited there and also here in […]