Relevant and even prescient commentary on news, politics and the economy.

CAR V

As promised I won’t fill angrybearblog with my thoughts on biology which is not economics and about which I have no credentials to claim to be an expert. Instead I will post it at my personal blog. update: I am no longer confident that the post presents a good idea or even an interesting idea. […]

CAR IV

Since this is off topic for AngryBear I will post future CAR posts at my personal blog Robert’s Stochastic thoughts This post is a restatement and extension of the first post in the series CAR Crazy which discusses ex vivo treatment of killer T-cells with Chimeric Antigen Receptors (CAR) designed to cause the T-cells to […]

JOLTS report for December 2024

JOLTS report for December shows mild improvement in most metrics, anticipates stabilization in wage increases  – by New Deal democrat The monthly JOLTS reports give us a more granular look at the employment sector, but are delayed by one month vs. the jobs report. Like the jobs reports, most JOLTS series have shown deceleration for […]

Trump’s fake negotiations

Per Heather Cox Richardson: “. . . Donald Trump, sparked a crisis last Friday when his White House press secretary, Karoline Leavitt, announced that he fully intended to go through with the trade war he had hyped on the campaign trail. Trump announced he would levy tariffs of 25% on most products from Mexico and […]

What were or are Americans’ main financial challenges since 2020?

Many people in a survey cited inflation as the reason for financial difficulties than any other cause. Inflation reached a 40-year high of 9.1% in June 2022 and has yet to return to the Fed’s target of 2%. And as we all know, we were in amidst of a pandemic to which many economic entities took advantage […]

ISM manufacturing index in January the strongest since 2022

ISM manufacturing index in January the strongest since 2022  – by New Deal democrat Although manufacturing is of diminishing importance to the economy, (it was in deep contraction both in 2015-16 and again in 2022 without any recession), the ISM manufacturing index remains an important indicator with a 75+ year history of accurately describing that […]

Development Assistance Cut Short by the World’s Richest Person

World’s richest person making life difficult by cutting development assistance and aid Somewhere within all the issues Congress has to deal with, with this administration, there must be a day of reckoning coming. I can not imagine Republicans being too thrilled with the damage trump and his pissant are creating. In less than two years, […]

Personal income and spending for December: more “steady as she goes”

Personal income and spending for December: more “steady as she goes” but with late cycle characteristics -by New Deal Democrat The December personal income and spending report showed that for the huge consumption sector of the economy, “steady as she goes” continued, as both nominal and real personal income and spending rose again in December. […]