Tag Archives: Hot Topics

Topic, we have not touched upon in a while at Angry Bear. The stats are there to support more rigid laws suppressing the illegal use of firearms and tighter controls on possession. I am sure there will be the naysayers. Ok, fine. Be polite in expressing an opinion. Don’t care about what Clarence thinks as he is no expert as well as the three-month Army wonder Samuel. My background? At one time I could part your hair at 500 yards with a stock...

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. While several of the monthly updates I’ve discussed here in the past week have tiptoed in the direction of yellow caution flags, that’s not apparent at all in the high frequency data that is updated every week, much of which comes from private sources. In fact, this week for the first time in a long time, not a single coincident indicators was negative. A majority...

General Motors Receives $500M Federal Grant to Electrify Lansing Grand River Plant by R.J. King DBusiness Magazine AB: Plant conversions from building gasoline and diesel driven vehicles to EVs. A timely move even if the newer models will require need modifications in later years. General Motors Co. today announced it has received a $500 million grant from the U.S. Department of Energy to assist in preparing its Lansing Grand River plant...

Housing permits and starts stabilize, but construction comes close to generating yellow recession caution signal  – by New Deal democrat There was good news and bad news in this morning’s report on housing permits, starts, and construction. The good news is that both permits and starts stabilized after last month’s initially reported multi-year lows. The bad news is that single family permits declined further, and even worse the metric best...

 – by New Deal democrat One item I meant to address with this week’s existing and new home sales data was the relative difference in price in the two, and the effect on the relative share of the market.  I am following up now because yesterday Kevin Drum put up a post yesterday in which he concluded that “The price of a new house is now below its pre-pandemic trendline and heading toward its 2020 level . . . When the Fed finally gets around to...

From the NYT: After Hamas led a deadly attack on Israel on Oct. 7, Israeli officials declared a siege of Gaza, and they have severely restricted the entry of humanitarian aid, saying they do not want it to help Hamas. From October to early May, the daily number of aid trucks entering the territory through the two main crossing points in southern Gaza dropped by around 75 percent, according to U.N. data, and reports of hunger and malnourishment...

An abbreviated portion of Preston Mui’s “Where High Rates are Restricting Investment,” Employ America. This portion of his economic commentary discusses housing and in particular Multifamily. Preston Mui: The Federal Reserve has held rates at the current level for nearly a year. The majority of the committee appears confident that monetary policy is currently restrictive. From the perspective of their confidence, the question for monetary policy...

 – by New Deal democrat This week’s data focuses on house prices and new home sales, and the more important personal income and spending report on Friday. In the housing data I am looking at any movement towards rebalancing between new and existing home sales. To recapitulate, the big increase in mortgage rates has locked up the existing home market, increasing the share of new houses as to total sales.  With existing homes, we saw inventory...

I got my first COVID shot in August 2020 as part of the Moderna Phase III trial. Since then, I’ve had four additional jabs. Today, I’ll get another booster with the latest Moderna vaccine. I’m looking forward to it. I did contract COVID last November during a trip to Colorado. I tested positive for a few days and had mild symptoms, but completely recovered. The vaccine doesn’t prevent you from getting infected, it keeps you out of the ED and the...

“But then, in 2022“, the Justice Clarence Thomas-authored Bruen decision suggested all gun regulations had to line up with the understanding of firearms the founders had when they wrote the Constitution. “ It seems to me that if Bruen is taken very literally, it implies that the 2nd amendment only applies to muzzle loading firearms: muskets, rifles, and pistols. The founders did not imagine AR15s. How could they have regulated (or forbid...