The Angry Bear

President Trump Must Release His Tax Returns I know, boring boring boring old news. But now that he has had his hind end kicked by the recent off-off election results, it is time to get real. He has managed to cover up massive amounts of crimes and violations of ethical norms because he has violated so many. Nobody could keep track of them. But now that he has his behind kicked, and Mueller is zeroing in on him, it is time for him to deal with his most...

I honestly surfed here just to see if anyone was still interested in inflation expectations now that The Fed has shifted from extraordinary efforts to stimulate to normal efforts to take away the punch bowl before workers get uppity. I was pleased to find the post by Bonddad immediately below However, I don’t agree entirely with Hale Stewart and agree less with Stephan Poloz. The first point is that expected US inflation has been very stable and very...

by Hale Stewart (originally published at Bonddad blog) This is Why Inflation Expectations Are So Important Canadian Central Bank Head Poloz: The underlying trend in inflation is driven by the laws of supply and demand, which are as applicable today as they ever were. Excess demand pushes inflation up; excess supply pushes inflation down. Central banks exploit this relationship, working to create excess demand or excess supply in the economy, to target...

I found this segment of interest from Fox News…while I differ on the generic federal deficit thinking, I notice while Obamacare repeal was ‘do or die’, Smith noticed the eight years of Republicans calling doom from the federal deficit gets hardly a peep. [embedded content] Student loan deductions and credits disappear, among a list. as well…his affect is telling.

(Dan here…lifted from AB 2012) Small businesses, tax cuts, and reporting Dan Crawford | November 29, 2012  I sometimes get the ‘eyes rolling’ reaction from people in my social sphere when I insist that at least linking to  original documents is important, and that someone needs to follow up on what an author says someone else says (as a way to gain traction and authority status for their own writing, such as saying the non-partisan Tax Policy Centers...

In Virginia, Gilespie has lost. Trump claims it is because Gilespie did not embrace him. New jersey elected a Democrat for a Governor also. In both Virginia and New Jersey these were not close races as both Democrats won by good margins of 9% and 13%. The Virginia House of Delegates picked up 14 more Democrats along with selecting the first transgender to be a in a state legislature. This would be enough Delegates to flip the House to the Democrats....

An Important Centennial Today marks the centennial of the Great October Socialist Revolution, known when I was young in the US as the Russian Revolution, and also perhaps more accurately described as the Bolshevik Coup. On March 8, 1917, people rose up from the streets behind women marching on International Womens’ Day, leading troops to refuse to fire on them, a real revolution, which led to the overthrow of Tsar Nichoalas II and the putting in place of...

by Joseph Joyce Economic Consequences of Populism Who is the true populist: Bernie Sanders, who promises single-payer health care and college without tuition, or Donald Trump, who campaigned on a promise to “drain the swamp”?  Jeremy Corbyn of the UK’s Labour Party, who wants to nationalize public-sector firms, or Marine Le Pen of France’s National Front, who wants to take France out of the Eurozone? And what would be the consequences of their policies?...

(Dan here…Biagio Bossone will be joining contributors to Angry Bear.  Here is his first post for AB concerning the impact of exchange rates) by Biagio Bossone      (Biagio BOSSONE is an Italian national,  currently advises the World Bank Group/IMF on financial sector development issues and technical assistance programs in several countries in Africa, Asia and the Pacific, Latin America, and Northern Africa and the Middle East. He is a consultant to...