[unable to retrieve full-text content]As a subscriber to xpostfactoid, I have access to some excellent commentary by Andrew Spung. This is not a person I would argue with about the ACA, Medicare or Medicaid, etc. Anyway, the WSJ has an article touting Medicaid cuts which did catch his attention and is the basis for his commentary. The link is […] The post Medicaid Cuts as Promoted by WSJ appeared first on Angry Bear.
Read More »More Slow Growth
[unable to retrieve full-text content]Economically weighted ISM indexes for February indicate continued slow growth – by New Deal democrat Because manufacturing is now of much less importance to the economy than in the decades before the Millennium, I now use a weighted average of the ISM services index (75%) as well as manufacturing (25%) as the primary forecasting tool. […] The post More Slow Growth appeared first on Angry Bear.
Read More »No Recession, Just Musk and DOGE Uncertainty
[unable to retrieve full-text content]Economist Claudia Sahm believes there is little or an unlikely chance of a recession due to “DOGE” efforts. The magnitude of the layoffs, let-goes, retirements, etc. are nor enough to bring on a recession. After reading this I am beginning to think, this is more of a scare tactic by Musk and Trump (he would […] The post No Recession, Just Musk and DOGE Uncertainty appeared first on Angry Bear.
Read More »Trump’s Stock Market’s Bump Appears to be Over
[unable to retrieve full-text content]The threats of tariffs and trade wars by Trump appears to have had an impact on the US economy. Moreso than the countries he has been threatening. If they call his bluff, the US population will pay for his malfeasance. Maybe this is what Trump wanted? As reported at Quartz “The stock market’s Trump bump […] The post Trump’s Stock Market’s Bump Appears to be Over appeared first on Angry Bear.
Read More »Important changes in trend in the bond and stock markets, and a note on GDP estimates as well
[unable to retrieve full-text content]– by New Deal democrat There’s no important economic data today, so this is a good time to write about several important developments in the stock and bond markets. First of all, as many of you may already know, a portion of the US Treasury yield curve, between the 10 year and 3 month Treasuries, re-inverted […] The post Important changes in trend in the bond and stock markets, and a note on GDP estimates as well appeared first on...
Read More »Trending down
[unable to retrieve full-text content]According to Yahoo Finance, the stock market has wiped out all the gains since Trump’s inauguration. Of course, the stock market isn’t the economy. What does the Atlanta fed project for GDP growth? Not good. Unless you’re Vladimir Putin. Or work for him. https://www.atlantafed.org/cqer/research/gdpnow The post Trending down appeared first on Angry Bear.
Read More »Immigrants and the Makeup of the US Workforce
[unable to retrieve full-text content]In 2023, approximately one-fifth of the workforce was foreign-born. Of the 160.2 million people in the US workforce, and again about 29.7 million were immigrants. This is an increase from 2010 when the immigrant portions was an approximate 15.6% of the workforce. Immigrants can be employed across different industries. However, there is concentrations of immigrants […] The post Immigrants and the Makeup of the US Workforce appeared first on Angry Bear.
Read More »ISM manufacturing index and construction spending report of a goods producing sector that is no longer expanding
[unable to retrieve full-text content]– by New Deal democrat Although manufacturing is of diminishing importance to the economy, (it was in deep contraction both in 2015-16 and again in 2022 without any recession), the ISM manufacturing index remains an important indicator with a 75+ year history of accurately describing that sector and forecasting it over the short term. Any […] The post ISM manufacturing index and construction spending report of a goods producing sector...
Read More »New Deal democrats Weekly Indicators for February 24 – 28
[unable to retrieve full-text content]– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Last week I wrote that exogenous factors – like political decisions – could have nearly simultaneous effects across all timeframes of indicators. In other words, the long and short leading indicators as well as the coincident indicators, could all react at the […] The post New Deal democrats Weekly Indicators for February 24 – 28...
Read More »The Impact of Debt Interest Payments
[unable to retrieve full-text content]Three charts and some explanation on net interest payments on debt for 2024 and higher in 20525 and 2026. Much of this is due to the pandemic and Biden paying out funds in support of the constituency. The result is higher interest rates as the Fed attempts to stabilize the economy and gain control of […] The post The Impact of Debt Interest Payments appeared first on Angry Bear.
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