And the King of Coincident Indicators rolls over – by New Deal democrat This morning’s second big – and big negative – report was for industrial production, the King of Coincident Indicators (I call it so because historically, it more often than not marks the exact month +/-1 that a recession begins or ends). In […]
I received an e-mail from Kaiser Permanente with a link to click. I clicked the link and learned that Kaiser Permanente (KP) has libeled me. Below see a definite assertion of fact. KP definitely asserts that I have ignored my legal obligations (the required DPT vaccination — I will not present proof on this point […]
December real retail sales: the worst in almost two years – by New Deal democrat Real retail sales, one of my favorite indicators, was updated this morning for December, and it was significant. It’s not just that retail sales declined -1.1% for the month both in nominal and real terms; it’s that both October and […]
“Job Market’s 2.6 Million Missing People Unnerves Star Harvard Economist,” (msn.com), Ben Steverman Originally in a comment in this post Discussion on Solutions to Social Security, Angry Bear. The number I had originally calculated was ~2.6 million people joining the Civilian Labor Force. I had said: Since you addressed me, what group is dropping out […]
Why the Fed’s present rate hike campaign is almost unprecedented – by New Deal democrat Just how unprecedented is the Fed’s current rate hike policy? Since the Fed started actively managing the Fed Funds rate in the late 1950s, only two other occasions are similar. The reason the Fed is hiking rates is to combat […]
Illumed, Illusion, Ill used one Another commentary done in a unique style by a former Slate commenter Weldon Berger. I had read about the Walgreen’s shoplifting media frenzy elsewhere. If you have been in a Walgreens, you have probably seen the cameras in the ceiling, wide open aisles, “Sparsely Illumed,” Weldon Berger, Bad Crow Review […]
The important trend in retail sales that Redbook’s weekly report is telling us about – by New Deal democrat This is the first of hopefully two posts I will put up today. Tomorrow retail sales for December will be reported. In advance of that, I wanted to discuss their comparison with the weekly high-frequency data […]
“GOP Rep. Ronny Jackson Throws Ridiculous Shit Fit Over the Prospect of Losing Gas Stove,” Vanity Fair, Bess Levin I can remember when someone else said something else along the lines of: I’ll give you my gun when you pry (or take) it from my cold, dead hands.” Charleton Heston In his own unoriginal words . . . […]
COVID endemicity: 100,000+ (mainly needless) excess deaths per year – by New Deal democrat I suspect these updates are going to be much less frequent from now on; for example, if a significant new wave is evident. That’s because, as we start our fourth year of the pandemic, the good news is that it is […]
“Open Thread January 6, 2023,” Angry Bear, angry bear blog