The Angry Bear

Weekly Indicators for July 17 – 21 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha.  At least when it comes to weekly measures of consumer spending, the “waiting for godot” recession seems to have finally arrived. Meanwhile other metrics have been picking up steam as to the near future. This suggests a period of wobbling ahead. As usual, clicking over and reading will bring you up to the virtual...

July 21, 2023 (Friday), Letters from an American, Prof. Heather Cox-Richardson Defying SCOTUS, redistricting, and the border. On June 8 the Supreme Court affirmed the decision of a lower court blocking the congressional districting map Alabama put into place after the 2020 census, agreeing that the map likely violated the 1965 Voting Rights Act and ordering Alabama to redraw the map to include two majority-Black congressional districts. ...

We installed rooftop solar on our house in St. Louis ten years ago. Half of the cost was paid by Ameren and we got a 30% tax rebate on the balance. By the time we moved to Rhode Island last year and sold the house, we still hadn’t made back our investment even in nominal dollars. I’m OK with that, since at the time of installation, 80% of our electricity was generated by burning coal. Our donation to the planet.Rooftop solar was an object of...

How we humans came to be where we are today had a lot to do with stability and the invention of calendars. Before stability, glaciers came and went. Best we and most other animals could do was run around looking for food and shelter. After the Last Glacial Period(LGP), aka as the Last Ice Age, weather patterns became more and more stable. Enough so that humans soon figured out that there was a pattern, an interconnectedness, to it all — all being the...

How long until the historically tight jobs market reverts to trend?  – by New Deal democrat There are some very unusual cross-currents going on in the housing sector, revealed by yesterday’s existing home sales report. But it will take some time-intensive organization to present it to you, so I’m saving it for (hopefully) Monday. In the meantime, let’s take another look at the job market and how it compares with consumer spending. One of...

How long until the historically tight jobs market reverts to trend?  – by New Deal democrat There are some very unusual cross-currents going on in the housing sector, revealed by yesterday’s existing home sales report. But it will take some time-intensive organization to present it to you, so I’m saving it for (hopefully) Monday. In the meantime, let’s take another look at the job market and how it compares with consumer spending. One of...

If you really what it to end bring Taiwanese workers to the US, demand TMSC give them US benefits. However, there is no reason to bring that many Taiwanese workers to the US. The impact of which will be felt a year or two later when they are still in the US. From reading this, the plant to be built and is behind schedule will make 4 nanometer chips. The later US plant will build three nanometer chips. The Taiwanese are already in R&D on 2...

If you really what it to end bring Taiwanese workers to the US, demand TMSC give them US benefits. However, there is no reason to bring that many Taiwanese workers to the US. The impact of which will be felt a year or two later when they are still in the US. From reading this, the plant to be built and is behind schedule will make 4 nanometer chips. The later US plant will build three nanometer chips. The Taiwanese are already in R&D on 2...

Senate Democrats are not having fun these days unless they’re attacking a conservative Supreme Court Justice. Thursday’s markup of their judicial “ethics” bill was the event of the season. Leading the charge was Rhode Island Sen. Sheldon Whitehouse claiming the High Court is “captured by special interests.” Mr. Whitehouse brought up “freebie vacations.” He also criticized the Justices for receiving friend-of-the-court briefs from what he called...

Senate Democrats are not having fun these days unless they’re attacking a conservative Supreme Court Justice. Thursday’s markup of their judicial “ethics” bill was the event of the season. Leading the charge was Rhode Island Sen. Sheldon Whitehouse claiming the High Court is “captured by special interests.” Mr. Whitehouse brought up “freebie vacations.” He also criticized the Justices for receiving friend-of-the-court briefs from what he called...