The Angry Bear

Nice Evening Read. I am not a big believer in tariffs. However, as it is today and from the seventies, domestic companies have relocated to countries to escape avoid associated Labor and Domestic costs prevalent in the United States. Cost such as healthcare, OT, work conditions, Workman’s Comp, SS, etc. and there are issues such as child labor, etc. It is purposeful avoidance I am hoping the tariffs will apply to those companies as well as...

 – by New Deal democrat To reiterate my Big Picture theme for this year, now that the supply chain tailwind has ended, will the effects of the 2022-23 Fed rate hikes drag the economy down towards recession at last, or will there be a “soft landing” (or no landing at all) instead, because interest rates have not increased in the past 12+ months? As a result, I am focusing most heavily on the leading sectors of manufacturing production and...

I decided to take a break from the recital of numbers on the economy, energy, or population and look elsewhere for something to feature. I spent some time at Slate’s The Best of the Fray. It was heavily populated with people who could really discuss the issues and the law. Not so numbers oriented like myself. Dahlia Lithwick was the legal expert then and even now at Jurisprudence. Her latest is on Sam Alito who is supposedly a Justice at...

Angry Bear is fortunate to have amongst its stable of writers, New Deal democrat. I can always count on his having a commentary on a daily basis. If you have not been following his reports on the economy, you should be. A double header today. New home sales: all of the shoes have dropped except one . . .  – by New Deal democrat I am departing from my typical recap of new home sales this month. There is an important turn that was...

Yes, the South is increasing in population according to these Census numbers. There appears to be a reversal in or new growth in the Midwest and the Northeast. The growth is not as great. Texas appears to be growing faster than other parts of the country. I believe the limiting factor is going to be water, the same as it will be in Arizona. Unless there is continuous rainfall, both areas will be growth restrictive. I am going to tie to this in...

 – by New Deal democrat Initial claims declined -8,000 last week to 215,000, well within its recent nine month range, after a two week elevated excursion. The four week moving average, reflecting that excursion, increased to a nine month high of 219,750. Continuing claims, with the usual one week delay, rose 8,000 to 1.794 million, also well within their recent nine month range: As per usual, the YoY% change is more important for forecasting...

My dissertation research was published in 1983 in a two-author paper in the Journal of Biological Chemistry. JBC is the house journal of the American Society of Biochemistry and Molecular Biology. After your referees and the editor approved, the manuscript was published with the payment of “page charges,” to cover the journal costs since it didn’t take advertising. JBC is a stolid publication; it has a reputation for rigor, if not excitement.In my 40+...

by Melvin Blackman QUARTZ Last week? We were talking about market manipulation at the business level and also the state level. The industry intended to cut production so as to maintain prices if California capped prices. California was putting a new program in place to regulate pricing. An AZ state rep was going to California to ask them not to pass the bill. All are forms of market manipulation and one oil industry person did not like what I...

by Lloyd Alter Carbon Upfront! Llyod discusses the changing needs of the largest retirement population to be occurring in the next decade or baby boomers. Baby Boomers are on the verge of requiring smaller living spaces in close proximity to transportation, shopping, and healthcare. Easier and greater accessibility is paramount going forward.as they will not be as mobile as they once were. Cars may be out of the question. Living quarters...

 – by New Deal democrat Let me tie this morning’s report on April existing home sales into my two last posts (Part 1 and Part 2), which concerned the huge role that shelter prices, and the underlying shortfall in housing capacity, have in the continued elevation in overall consumer prices. So let’s start by looking at the last 10 year history of existing home inventories [note: all graphs in this article are from the site Trading Economics,...