The Angry Bear

Excellent piece by one of CEPR’s Domestic Program Interns . . . Alex Richwine. That name rings a bell with me. I am sure you will find this piece to be an excellent report detailing university investment returns. Quite apropos . . . give todays circumstances. ~~~~~~~~ University Endowment Returns Don’t Measure Up by Alex Richwine and Dean Baker CEPR Of the many demands made by student protestors in recent weeks, the demand to divest...

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. While the inverted yield curve and negative money supply growth keep the long leading indicators negative, both the short leading and coincident indicators have almost all turned neutral or positive. As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and bring me my lunch money for the coming week. The...

The IEA report covers a February-to-February timeframe 2023 – 2024. When the IEA speaks of evolution, they are reviewing the OECD usage and direction for 13 months. There is a brief summation in the beginning for Fossil Fuel. Renewable Sources, and Nuclear power production. The charts tell the rest of the story for the OECD associated countries. Organization for Economic Cooperation and Development Electricity Production, IEA (2024), Monthly...

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+...