Tag Archives: Hot Topics

[unable to retrieve full-text content]“Trump administration officials fired more than 300 staffers Thursday night at the National Nuclear Security Administration — the agency tasked with managing the nation’s nuclear stockpile — as part of broader Energy Department layoffs, according to four people with knowledge of the matter. “Sources told CNN the officials did not seem to know this agency […] The post National insecurity appeared first on Angry Bear.

[unable to retrieve full-text content]This comes after Trump decides to have all charges dropped for NYC Mayor Eric Adams. The attorneys were threatened with being dismissed by the Deputy Attorney General. U.S. Deputy Attorney General Emil Bove ordered others to dismiss the NYC Mayor Adams indictment. He will not do the dirty work himself after named acting U.S. Attorney […] The post U.S. Attorneys for Southern District of New York Resign appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat It’s that time of month again for my favorite indicator for the consumption side of the economy: retail sales have been tracked for over 75 years. When they are lower YoY, that has historically been a good (not perfect) indicator that a recession is near. That’s because that same 75-year […] The post January retail sales: once or so a year, it lays an egg. This was one time appeared first on Angry Bear.

[unable to retrieve full-text content]– by New Deal democrat Now that we are well past the Holidays, seasonality has settled down and so have the comparisons for jobless claims. Initial claims declined -7,000 to 213,000 last week, and the four-week average declined -1,000 to 216,000. With the usual one week delay, continued claims declined -36,000 to 1.850 million: On […] The post Jobless claims: more of “steady as she goes” appeared first on Angry Bear.

[unable to retrieve full-text content]People complain about the size of the Federal Government, its costs and taxes, and how the size of it infringes upon the nation’s economy. Complaining of the size of government, Grover Norquist once said, “I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into […] The post Worker Shortage in Washington D.C. appeared first on Angry Bear.

[unable to retrieve full-text content]January CPI: a new paradigm, with the reappearance of some old suspects  – by New Deal democrat Needless to say, January’s increase of 0.5% in consumer prices was not welcome. And there was a changing of the guard somewhat, as several of the old suspects (food and energy) made new appearances. Some of the spike […] The post January’s CPI increase of 0.5% in consumer prices was not welcome and . . . appeared first on Angry Bear.

[unable to retrieve full-text content]I am finding there are a greater degree of politics going on in economic commentaries. Maybe it was always there and I was just missing it? A bit of Paul Krugman this Wednesday morning on Global Trade and Tariffs. Trump’s threatens countries with tariffs if they do not bow to him and do as he […] The post Threatening the World with Tariffs appeared first on Angry Bear.

[unable to retrieve full-text content]Here I report on research on off the shelf CAR T-cells (which was conducted beyond the reach of Trump, Miust and Vought) The post CAR VII appeared first on Angry Bear.

[unable to retrieve full-text content]– by New Deal democrat There’s no new significant news until Wednesday, so let’s catch up graphically with a few important items from Friday’s employment report for January. As I wrote then, probably the most important developments weren’t in the monthly numbers, but rather the annual revisions to both the Establishment and Household Surveys.  For […] The post The Big Convergence: scenes from the January...

[unable to retrieve full-text content]Real retail sales on the cusp of breaking out of their multi-year doldrums  – by New Deal democrat Consumption leads employment, and as I reiterated yesterday real per capita retail sales has a history as a long leading indicator. Which means that retail sales for November, which rose 0.7% nominally, continues its recent strong string […] The post Retail Real Sales appeared first on Angry Bear.