Tag Archives: US/Global Economics

I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days so I am giving a hostage to fortune). Indeed some forecasters put the probability at 100%. Why ? First...

I have used SWI SwissInfo.ch for information a number of times in the past having gained approval to do so from time to time. Management had changed and I had to ask for permission to use their articles again. They were gracious enough to allow Angry Bear the opportunity to rebroadcast their reports in the United States. For that privilege, I am grateful. Who’s to blame for the demise of Credit Suisse? SWI swissinfo.ch, Keystone / Martin Ruetschi...

Kevin Quin at Econospeak brought this to our attention. In Memoriam: Robert Solow      One of the tallest trees in the economic forest has fallen:  Bob Solow has died at the age of 99. The modern study of economic growth could not have happened without his work, of course.  He was also one of the funniest economists I know. For years I have had the following quote from him on my office door,  which hilariously sums up his attitude to Lucas...

Each day, I get an array of emails in my In-Box offering up articles, what they think can be interesting reads, or junk. Some are hawking subscriptions too. I like to subscribe to news letters and magazines. The problem being, I never get a chance to finish reading them all. SCOTUS Billionaire Gifts to Thomas: Generosity or Taxable Income? levernews.com, Freddy Brewster, Lucy Dean Stockton, Katya Swank. If billionaires’ largesse was designed to...

President Joe Biden “has been clear that we welcome manufacturers across the world building their futures in America with American jobs and American workers. However, he also believes the purchase of this iconic American-owned U.S Steel company by a foreign entity — even one from a close ally — appears to deserve serious scrutiny in terms of its potential impact on national security and supply chain reliability.” Labor in the form of United...

I am offering up something different to Angry Bear readers. The offer is a chance to listen to an article on Radio Atlantic. Or you can read the article: “Read This Before You Buy That Sweater,” The Atlantic, by Hanna Rosin Or at least read the tag. An introduction: “We’re in the coldest season. We’re in the shopping season. We’re in the season of hygge. All the cues point to buying yourself a new cozy sweater. Don’t do it, until you...

Brief and interesting charting of the top countries in GDP Ranking. As taken from “World GDP Rankings 2023 | Top 10 Countries Ranked By GDP” – Forbes India. If you have not been on the IMF site, it is worth a look as there is plenty of data and ways to sort the data. The top 10 largest economies/ richest countries in the world in 2023, sourced from IMF data (as of December 04, 2023) “The United States of America, China, Japan, Germany,...

Evey day, I get an array of emails in my In-Box offering up articles or what they think can be interesting reads. Some are hawking subscriptions too. I like to subscribe to news letters and magazines. The problem being, I never get a chance to finish them all. Law Why the Supreme Court rejected a case about LGBTQ+ conversion therapy bans, slate.com, Dahlia Lithwick and Joseph Stern. SCOTUS refused to take up Tingley v. Ferguson, a First...

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The big decline in long term interest rates this week in the wake of the Fed’s announced “pivot” towards lowering rates created one of the biggest changes in the long leading indicators for several years. Meanwhile most of the coincident indicators continue to speak of a strong economy. The intersection that is going to tell the tale going forward in the next 6...

Open Threads are created for people to have conversations which may not fit in with topical posts . . . a comment which may be off topic. I usually offer up one topic to start a conversation. Many think it is ok to abandon a nation threatened by a global threat in the form of Russia. Or it could be a threatening China, etc. intimidating other countries. J.P. Jefferson sums it up rather well. The absurdity of mixing three distinctively different...