The Angry Bear

Manufacturing and construction give very mixed signals to start Second Half 2023 data  – by New Deal democrat As usual, the month’s data started out with the ISM manufacturing report for last month, and construction spending for the month before last. Additionally, I am going to take a look at motor vehicle production, because I think it is unusually important right now. Manufacturing contracted for about the 10th month in a row in July,...

AB: This a good coverage on healthcare in the US as compared to other countries. It is long. It also has many charts and graphs rather than words. This is why I posted this at Angry Bear. It is easy to grasp the implications. U.S. Health Care from a Global Perspective, 2022, Commonwealth Fund, Munira Z. Gunja, Evan D. Gumas, Reginald D. Williams II Introduction In the previous edition of U.S. Health Care from a Global Perspective, we...

AB: This a good coverage on healthcare in the US as compared to other countries. It is long. It also has many charts and graphs rather than words. This is why I posted this at Angry Bear. It is easy to grasp the implications. U.S. Health Care from a Global Perspective, 2022, Commonwealth Fund, Munira Z. Gunja, Evan D. Gumas, Reginald D. Williams II Introduction In the previous edition of U.S. Health Care from a Global Perspective, we...

A recent discussion thread concerning the “lab leak” hypothesis for the origin of SARS-CoV-2 reminded me of another conspiracy theory involving claims of a bioweapon that also probably had a natural origin.The US government claimed that the Soviet Union was using trichothecene mycotoxins as biological weapons in Southeast Asia in the mid-1970s. In support of this, they pointed to the finding of mycotoxin on leaves and in the blood of people who...

A recent discussion thread concerning the “lab leak” hypothesis for the origin of SARS-CoV-2 reminded me of another conspiracy theory involving claims of a bioweapon that also probably had a natural origin.The US government claimed that the Soviet Union was using trichothecene mycotoxins as biological weapons in Southeast Asia in the mid-1970s. In support of this, they pointed to the finding of mycotoxin on leaves and in the blood of people who...

Dow Theory says transportation and production of goods should move in tandem; what is its message now?  – by New Deal democrat Partly because mid year data is now being completed, and partly to re-examine my forecasts, I’ve been conducting a top-to-bottom re-check of my metrics. One thing that seems very important is that, despite no real downturn in business at all, commodity prices have declined -9.6% in the past 12 months, one of the 4...

Earlier this year, one company’s closing is adding to national pharmaceutical shortages and capacity in its bankruptcy. The closing can be construed as more than just allowing a laissez-faire economic policy. There are greater healthcare implications for the US. The nation can rescue banks, companies such as AIG, and those gambling with CDS, countering naked CDS, tranched CDOs threatening the national economy. It fails to see the threat of the...

I’m a molecular biologist who also has an undergrad degree in microbiology. Those facts and the additional facts that (a) I was in the Moderna phase III trial and (b) my medical school is one of ten NIH designated vaccine testing and evaluation units made me an avid student of the unfolding COVID-19 story. Given everything we know over centuries of experience, the null hypothesis is that any pandemic has a natural origin. But since the COVID-19...

Weekly Indicators for July 24 – 28 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. While there continues to be evidence of the normal progression of weakness from long leading to short leading to coincident indicators, there has also been an anomalous major positive resurgence in some of the short leading indicators. By normal historical standards, we “ought” to be well into a downturn. And yet...

I guess one could get by on this salary if one were frugal, could find low-cost housing, maybe used public transportation, ate cheaply, etc. There is not much room for anything else. And yet people still manage to do it. As EPI details, Nineteen percent of workers (9.76 million workers) in 20 states are paid less than $15 per hour, compared with 13% of workers in the 30 states. “Workers are 46% more likely to make below $15 an hour in states...