The Angry Bear

 by New Deal democrat Weekly Indicators for October 1 – 5 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. As I point out from time to time, one of the biggest values in tracking data that is reported with high frequency, i.e., weekly as opposed to monthly or quarterly, is that you are able to spot changes in trends much more quickly. Apropos of which, the surge in consumer spending + shipping bottlenecks had caused...

 by New Deal democrat Weekly Indicators for October 1 – 5 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. As I point out from time to time, one of the biggest values in tracking data that is reported with high frequency, i.e., weekly as opposed to monthly or quarterly, is that you are able to spot changes in trends much more quickly. Apropos of which, the surge in consumer spending + shipping bottlenecks had caused...

Layoffs, wages, and labor costs: three measures of the labor Boom, New Deal democrat Initial claims declined another 14,000 this week to 269,000, and the 4 week average declined 15,000 to 284,750, both new pandemic lows: For the past 50 years, initial claims have only been at these levels briefly at the peak of the late 1990’s tech boom, and from 2015 to just before the pandemic in 2020. Continuing claims also declined 134,000 to...

Layoffs, wages, and labor costs: three measures of the labor Boom, New Deal democrat Initial claims declined another 14,000 this week to 269,000, and the 4 week average declined 15,000 to 284,750, both new pandemic lows: For the past 50 years, initial claims have only been at these levels briefly at the peak of the late 1990’s tech boom, and from 2015 to just before the pandemic in 2020. Continuing claims also declined 134,000 to...

There were two pieces of good news yesterday:  the big job gains in October, perhaps due to the waning of the delta-fueled covid-spike, and the new Pfizer covid pill, which is reported to be 89% effective at preventing severe illness and death. Coming after the demoralizing mid-term election, this is indeed very welcome.  But welcome news is not enough.  Democrats need to take this as an opportunity to reboot the national conversation on covid and...

There were two pieces of good news yesterday:  the big job gains in October, perhaps due to the waning of the delta-fueled covid-spike, and the new Pfizer covid pill, which is reported to be 89% effective at preventing severe illness and death. Coming after the demoralizing mid-term election, this is indeed very welcome.  But welcome news is not enough.  Democrats need to take this as an opportunity to reboot the national conversation on covid and...

September Trade Deficit Rises 11.2% to a Record High on Lower Exports of Precious Metals, Oil & Oil Products and Capital Goods, MarketWatch 666, Commenter and Blogger RJS Our trade deficit rose by 11.2% in September as the value of our exports decreased and value of our imports increased…the Commerce Dept report on our international trade in goods and services for September indicated that our seasonally adjusted goods and services trade...

September Trade Deficit Rises 11.2% to a Record High on Lower Exports of Precious Metals, Oil & Oil Products and Capital Goods, MarketWatch 666, Commenter and Blogger RJS Our trade deficit rose by 11.2% in September as the value of our exports decreased and value of our imports increased…the Commerce Dept report on our international trade in goods and services for September indicated that our seasonally adjusted goods and services trade...

Three reasons for the decline in Biden’s (and Democrats’) popularity Dan Guild follows presidential approval closely and uses it to model election outcomes, including State level as well as Congressional and Senate races. He’s been very consistent, and very good. For the past several months, his hair has been on fire about a real decline in Biden’s approval ratings, for example, here. He is particularly concerned about the big decline among...

Three reasons for the decline in Biden’s (and Democrats’) popularity Dan Guild follows presidential approval closely and uses it to model election outcomes, including State level as well as Congressional and Senate races. He’s been very consistent, and very good. For the past several months, his hair has been on fire about a real decline in Biden’s approval ratings, for example, here. He is particularly concerned about the big decline among...