Weekly Indicators for October 16 – 20 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Obviously, the big story of the week was the surge in interest rates. The 10 year Treasury yield closed above 5% for the first time since 2007, and mortgage rates went above 8% […]
Opinion piece by Commenter Dennis Drew. Unions and Labor have been Dennis’s bailiwick for as long as I have been with Angry Bear. A nice piece on labor, economics, politics, and power. ~~~~~~~~ Labor unions effectively couple employees directly to paying customers – bargaining for the maximum amount they see consumers are willing to part […]
Eight out of ten of our poorest states are former states of the Confederacy. Less than a handful of the original Confederate states have been able to begin to rise. The ‘again’ was always impossible. Because, in the antebellum South, one percent of the population had all the wealth; most whites were little, if any, […]
Pulling another Lloyd Alter Carbon Upfront commentary. Been reading Lloyd for a number of years and going back to Slate’s The Fray. Those years could be measured in decades now. I like the older building and worked on some of them in Chicago. The old Union Carbon and Carbide bldg. comes to mind. It became […]
Why the index of leading indicators failed: examining the once in a lifetime post-pandemic tailwind – by New Deal democrat Carl Quintanilla observed the one year anniversary of the following two days ago: I’ve written previously about what confounded that forecast. But let me highlight those issues again. 1. A 40% drop in gas prices, and […]
Good evening, hope all is well by you. Two days ago, my wife of 52 years took off to my oldest son’s home to visit and to meet my youngest son’s woman friend. We are very pleased with this and the story behind all of this is long and too enduring to be told here. […]
The collapse of the existing home market continues in September – by New Deal democrat September was yet another month in the ongoing collapse of existing home sales. To wit, sales declined another -8,000 on an annualized basis to 3.960 million. This is the lowest number since August 2010. And aside from that one singular […]
Obviously the only thing any reasonable person would do is point and laugh at the Republicans. I am not that reasonable person, so I will try to think of a solution. Obviously one very boring possibility is that the Republicans will finally get their act together and elect a speaker. This is the most likely […]
I first became a history autodidact in my 20s, trying to understand the difference between my worldview and those of my parents and in-laws. >100 histories and biographies later, I have a great appreciation of just how awful the 20th century was. In my lifetime, I remember political assassinations, race riots, the Vietnam war, recessions, […]
This is a portion (1 of 6 observations) of a much longer Employer Healthcare Benefits article which would have been impossible to feature in entirety at AB. If I did so, much of it would probably go unread. I was interested in how much concern employees have about company healthcare insurance costs. In particular, I […]