Tag Archives: Hot Topics

Angry Bear has been writing about the Opioid epidemic and what has been influencing it for years. I was to write on it at one time and continued to do so. It would seem there should be more coming forth from companies who promoted its use. If we go back and read the Jink and Porter letter misused to promote the use and sale of an Opioid, one can see how its use grew. $50 billion is not enough to resolve the damage done. How $50 billion in opioid...

Angry Bear has been writing about the Opioid epidemic and what has been influencing it for years. I was asked to write on it by an association and continued to do so. It would seem there should be more money coming forth from companies who promoted its use. If we go back and read the Jink and Porter letter misused by Purdue and other companies to promote the use and sale of an Opioid, one can see how its use grew. The $50 billion is not enough to...

The existential risks associated with global warming include coastal flooding, loss of fresh water, desertification, life-threatening temperatures and loss of ocean fisheries. Another risk is the spread of infectious diseases that are normally restricted to tropical latitudes. While the prospect of eliminating insect vectors such as Aedes and Anopheles mosquitoes, tsetse flies and triatomine bugs using CRISPR gene drives offers some hope, viruses and...

June inflation almost non-existent except for the fictitious measures of shelter  – by New Deal democrat  The message of this morning’s consumer inflation report was the same for almost everything except for the fictitious measures of shelter: sharp deceleration everywhere. Let’s take a look: Headline CPI up 0.2% m/m and 3.1% YoY (lowest since March 2021) Core CPI up 0.2% m/m and 4.9% YoY (lowest since October 2021): CPI less...

Another well defined report by NDd about the possibility of recessions. Everything points in such a direction. If the Fed keeps raising its rate, it is almost a foregone conclusion. One a recession starts there is no backing away from it (as if we could). Scenes from the employment report: important leading and coincident indicators of recession  – by New Deal democrat Here’s another detailed look at some significant data from last Friday’s...

Scenes from the June employment report: consumption leads employment, goods vs. services edition  – by New Deal democrat No big new economic news today, so let’s take a more in-depth look at some of the information from Friday’s employment report. Today I’m going to focus on the division between goods and services. As I’ve written many times in the past, consumption leads employment. Typically I have shown that via real retail sales. The...

Weekly Indicators for July 3 – 7 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. A real-time daily update of inflation (based on millions of prices posted at internet sales sites among other things) has become available, and has been added to the array of coincident indicators. The complete array remains consistent with very slow growth that has not tipped over into contraction. But despite the...

Differences between Japan and the US Debt. Explain how Japan can manage twice the debt/GDP with no problems but the US is headed to a crisis. Or is the issue really about unnecessary deficit spending due to tax breaks skewed to upper income brackets? Open Thread July 2, 2023 Partisan SCOTUS, Angry Bear, angry bear blog Tags: Open Thread July 9 2023...

I have been looking around for a simpler explanation of what the Shadow Docket is. This, before a deeper dive into it. It is more like a secret club where a bunch of judges get together and decide the fate of a particular subject without a formal presentation to the court or documentation open to review. No or few records cover the decisions. The number of decisions in 2022 outnumber the more formal decisions. It was a favorite of the trump...

June jobs report: deceleration continues, with weakest private jobs sector growth since 2020  – by New Deal democrat My focus remains on whether jobs growth continues to decelerate, and whether the leading indicators, particularly manufacturing and construction jobs, as well as the unemployment rate (which leads going into recessions) have meaningfully deteriorated. In May the headlines on employment were decent if slightly weak, but hid...