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Tag Archives: US EConomics

The field was rigid and closed until Mark Thoma’s Economist’s View opened the debate to all comers

Noah Smith’s The End of Econ Blogging’s Golden Age, Bloomberg Opinion. December 17, 2019. “If someone asked you to name the greatest economics blogger of all time, you might name Paul Krugman, or my Bloomberg Opinion colleague Tyler Cowen. But there’s a third name that deserves to be on that short list: Mark Thoma, an economics professor at the University of Oregon. On Friday, Thoma announced a well-deserved retirement. But the changes his blog made in...

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Something to keep in Mind when you enroll in Medicare Advantage Plans

It is not a dirty or hidden little secret. Insurance companies offering MA plans do not tell you that once you are in their plan, you are there potentially forever. Returning to traditional Medicare is ok but, getting a Medigap Plans to supplement the gap may lead to rejection or much higher premiums if you choose to come back and especially if their are pre-existing conditions. The same as the Commercial MA companies, Medicare.gov websites are not always...

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SECURE Act Up for Consideration in the Senate – A Rehash

I covered the House SECURE Act and the Senate RESA version last July. The House RESA Act is up for consideration in the Senate now. It does not look like it is going to make it due to the impeachment process going on and a potential trial in the Senate. There is also a small matter of a budget needing to be passed. It was to be considered under an unanimous consent vote; however, three Republican Senators (Mike Lee of Utah [unidentified reason], Ted Cruz...

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Plastic: part of the problem . . . part of the solution – Part 1 (of 4): A Global Problem

Introduction: I am still on the mailing lists of quite a few resin and plastics companies. This particular presentation is from Sesotec GmbH (“company with limited liability”). Sesotec was an exhibitor at the K trade fair in Düsseldorf and now is reflecting on an exciting and positive trade fair appearance (for them) with its topic of a “Circular Plastics Economy.” This is part 1 of a 4 part presentation which I believe to be done in an exemplary manner...

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S&P 500 BY PRESIDENTIAL TERMS

With the presidential election still a year away, Wall Street is starting its normal analysis that if a democrat is elected it will cause a devastating stock market crash.  One would think that after all these years of such claims being proven dead wrong that the street would finally give up on it. In the post WWII era from Truman to Obama it is 70 years and each party has had bad candidates in office for half that time.  Truman was only President for...

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DC Circuit grants Postal Watchdog’s challenge to PRC’s approval of rate hike on Forever stamps

An introduction to Save the Post Office and Steve Hutkins. I am not quite sure how I got to Steve; but, I do remember chatting with Mark Jamison who also wrote at Save the Post Office and posting his words up at Angry Bear (Asking the Wrong Questions: Reflections on Amazon, the Post Office, and the Greater Good earlier this year. Mark and I still exchange emails and I owe him a trip out to western North Carolina. Steve is the blog owner, a Prof. of...

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STOCK MARKET DOWNSIDE RISK VS. UPSIDE POTENTIAL

Despite all the recent stock market volatility the actual S&P 500 PE on trailing operating earnings is almost exactly where my model says it should be. The biggest problem is that the market PE  is about 19 and bond yields are under 2%.  The quick and dirty rule of thumb is that a 100 basis point change in yields should generate a 100 basis point change in the S&P 500 PE.    With bond yields already under 2% the upside potential for the market PE...

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Weekly Indicators for September 23 – 27 at Seeking Alpha

by New Deal democrat Weekly Indicators for September 23 – 27 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. If you’re wondering why it’s so late, it’s because SA pretty much shut down between Friday afternoon and this morning. Anyway, recession risks are rapidly receding, at least through the 4th Quarter.  As usual, clicking over and reading puts a little jingle in my pocket, as well as brining you up to the moment on the economy....

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Affordable Housing

The other night, ten Democratic presidential, hopeful, nominees took stage and debated their plans for America’s future. There never was a mention beyond a few garbled words hastily thrown together about an issue which is plaguing many young voters ing to raise families and one which has surfaced in my community, the shortage of affordable homes. Senator Elizabeth Warren knows of the issue as she has discussed it in one of her talks, “The Two Income...

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F**king Old Enough to Vote

It’s That Day again. I mostly stayed off Facebook (except for birthday greetings) and Twitter, but even LinkedIn has posts of now-yellowed newspaper articles of survivors–and probably some of those who didn’t. In another ten years, it will be as far from 11 Sep 2001 as that date was from 11 Sep 1973. At least now, most people know what a sh*t Rudy Giuliani was, both in setting up the firefighters for disaster and moving the NYC Office of Emergency...

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