Tag Archives: Hot Topics

[unable to retrieve full-text content]Watch Months-of-Supply! by Bill McBride Calculated Risk Both inventory and sales are well below pre-pandemic levels, and I think we need to keep an eye on months-of-supply to forecast price changes. Historically nominal prices declined when months-of-supply approached 6 months – and that is unlikely any time soon – however, as expected, months-of-supply is above 2019 […] The post Watch Months-of-Supply! Housing appeared first on...

[unable to retrieve full-text content] – by New Deal democrat Today in the US is officially Veterans Day, in which we salute the service of all veterans. But it started – and still continues in some countries – as Remembrance Day, a somber memorial to all those who were killed in World War 1, which ended on November 11, 1918. […] The post On Remembrance Day appeared first on Angry Bear.

[unable to retrieve full-text content]My wife and I are recently retired. We moved to New England to be close to our grandson and his parents. We’re living independently in a three-bedroom detached house. My parents were able to live independently into their early 80s, when my dad began to dement. My mom was much smaller than him, and wasn’t […] The post The business of aging appeared first on Angry Bear.

[unable to retrieve full-text content]There is considerable doubt about Richard Glossip’s guilt for a brutal 1997 murder in Oklahoma City, for which he has twice been sentenced to death. It also appears unquestionable that he has never gotten a fair trial.  Glossip’s case is now before the U.S. Supreme Court, where his fate may actually be determined by the incoherence of the court’s recusal […] The post And It Makes No Difference Whether...

[unable to retrieve full-text content]by Bill McBride Calculated Risk News Letter Economist Adam Ozimek and John Lettieri (CEO, Economic Innovation Group) have a new proposal to address the housing crisis in the United States:  How the next president can solve America’s housing crisis U.S. housing costs are out of control. The median home for sale was rarely more than four times […] The post A Proposal to Address the Housing Crisis appeared first on Angry Bear.

[unable to retrieve full-text content]The plutocrats on the right want to dismantle the administrative state, so they say. Of course, their wealth derives directly from the fiction of private property and an administrative state is required to enforce that fiction. Their wealth is monetized in currency, which is another fiction that the administrative state holds a monopoly on. The […] The post The Administrative state appeared first on Angry Bear.

[unable to retrieve full-text content]Trump promises to round up the homeless and put them in government internment camps. Only if they seek treatment and counseling, they might then qualify to be moved to housing. Harris takes a “housing first” approach. Get a roof over their heads and some housing stability, then offer the treatments and counseling that can move […] The post Trump vs Harris on homelessness appeared first on Angry Bear.

[unable to retrieve full-text content]– by New Deal democrat After two weeks of being highly elevated YoY, initial claims returned to a more “normal” range this week, as except for Florida, hurricane disruptions largely disappeared. For the week initial claims declined -15,000 to 227,000. The four week moving average increased 2,000 to 238,500. With the typical one week delay, […] The post Weekly jobless claims return to near normal appeared first on Angry Bear.

[unable to retrieve full-text content]Trump is promising lots of tariffs if he’s elected. Make no mistake: American consumers pay tariffs, not the exporting country. US consumers will be hit by (a) increased cost of imported goods, and (b) increased cost of domestic goods, as domestic producers raise prices to match imports. Econ 101. Trump is promising to lift taxes […] The post The economics of Trump II appeared first on Angry Bear.

[unable to retrieve full-text content]When I was growing up, I viewed being a physician as the zenith of achievement for someone interested in science. That changed when I got to college and became interested in research. I realized I didn’t have the temperament for a physician (OK, maybe a radiologist or a pathologist) and I became a lab rat. […] The post The economics of medicine: personal reflections appeared first on Angry Bear.