Tag Archives: US EConomics

There are many comments about the increasing costs of automobile insurance. In Michigan, once the no fault insurance was dropped and catastrophic injury insurance was cut, the care of long-term care was edecimated. Many people with serious lifetime injuries were left to fend on their own after reduced payments to caregivers. Past payments to medical was cut in half. The reserve funds were cut also when reimbursed back to customers. I guess what I...

May CPI continued to be all about shelter  – by New Deal democrat Consumer prices in May showed no inflation at all, as a decline in gas prices helped the headline number come in unchanged. YoY inflation decelerated -0.1% to 3.3% – continuing in the narrow 3.0%-3.4% range it has been in for the last year. The bottom line remains that almost the entire inflation “problem” is with shelter, which increased 0.4% again, while the YoY rate...

If you are driving a big behemoth SUV thinking you are safer, maybe you should think about another vehicle. Here are some results. Logan Carter at Jalopnik gives us the break down. It is picked up in Quartz Business News. The Insurance Institute for Highway Safety (IIHS) just released new crash test results for three full-size, three-row SUVs. The Ford Expedition, Chevrolet Tahoe, and Jeep Wagoneer were reviewed. These family haulers had...

 – by New Deal democrat As per usual, the Monday after jobs report Friday does not update any significant data. So let me return to the deep divergence between the Household and Establishment Surveys in the jobs report. With Friday’s data for May, the two have now diverged 1.9% over the past year, adjusted for the size of the prime working age population: This big a divergence has only happened previously twice in the 1960s, and one month...

AB: I tend to believe the Pandemic caused more economic upheaval than Wall Street blowing up the economy and Main Street paying for WS’s pennies on the dollar gambling with CDS, naked CDS, etc. in the derivatives market. More was made available in 2020 onward by the government to lessen the impact of the Pandemic. This softened the blow pf the Pandemic and the economic shutdown. With the FED holding the reins on the FED Rate, timing is important...

by Taylor Ann Spencer delish Typically, when we go out to dinner at one of our haunts or a new one, we tip in cash. We do more than a 20-percenter if the service is good. We also like having the same waiter if the service is good. One way to gt them to remember you is the tip you leave. The cash tip is remembered and quickly goes into their pocket. Not sure what they claim. 🙂 Author Taylor Ann adds the advantages of a cash tip....

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha.  The stock market was conflicted by yesterday’s jobs report, but the bond market’s verdict was unequivocal: ignore the unemployment rate; it was a strong report which will stay the Fed’s hand from raising rates.  Meanwhile, coincident economic data in particular continues to look very expansionary. And the long leading indicator of corporate profits turned positive,...

I am not going to put Preston Mui’s entire Labor Market Recap May 2024: Still Cool report from Employ America up on Angry Bear. Most of all, I wanted his summation of what he was seeing. He gives up his reasoning as to why the two surveys differ. It is an easy read if you wish to indulge. He would probably appreciate the reading of his commentary like we at Angry Bear enjoy your reading it and comments. No place for comments. In entirety, it is a...

If you have been reading New Deal democrat’s over the weeks, you would already know the economy we have today is not for sure. The FED is holding the keys to a transition to a good economy favoring people or one that will punish people through no fault of their own. Houston, we have a serious problem: the two job surveys show two completely opposed economies  – by New Deal democrat In the past few months, my focus has been on whether...

Center for Healthcare Quality and Payment Reform CHQPR I started reviewing rural hospitals a little over a year ago. Not much has changed. These smaller hospitals lack for resource and manpower because of their budget restraints. Services they provide may not be covered by a patient’s fees. As a result, they are always battling their budget. If they are a part of the 340B program and close to a city, larger hospitals may buy them out and take the...