[unable to retrieve full-text content]– by New Deal democrat Industrial and manufacturing production slid further in October, by -0.3% and -0.5% respectively. They are also down respectively -1.2% and -1.8% from their late 2022 highs: It’s a good thing I suppose that manufacturing is no longer such an important part of the American economy, because as the below graph of […] The post Production turns more negative appeared first on Angry Bear.

[unable to retrieve full-text content]by Bill McBride Calculated Risk From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today . . . I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.97 million in October, up 3.4% from September’s […] The post Lawler: Early Read on Existing Home Sales in October appeared first on Angry Bear.

I think Tyson is going to knock Jake Paul out.

[unable to retrieve full-text content] – by New Deal democrat Let me start with my usual reminder that real retail sales is one of my favorite economic indicators, because it tells us so much about the state of the consumer, and since consumption leads employment, it is a short leading indicator for that as well. In October retail sales rose 0.4% […] The post Real retail sales jump nicely, but we’re not out of the woods on consumption just yet appeared first on...

[unable to retrieve full-text content]The commentary was initially written at EconoFact by Mark Shepard. I took liberties with this commentary to emphasize the many points the author presents and to make it an easier read. I also added an introduction and some history on the ACA. There is much here to absorb. I felt breaking the commentary out further […] The post Healthcare Insurance in the United States appeared first on Angry Bear.

[unable to retrieve full-text content]Trump and his minions may not believe in global warming, but people whose livelihoods depend on understanding climate change—bankers, insurance companies and the military—know it’s real. So do non-humans whose livelihoods are compromised by climate change: “Native fish populations will likely continue their decline off of Massachusetts’ coast, while species from further south will move […] The post Seafood says global...

Whoa!… hold up!…  was Marx correct? 🤔Americans are increasingly voting along class lines, not racial ones. That could upend how we’ve thought about politics for decades. https://t.co/rWBJFK32BD— The Wall Street Journal (@WSJ) November 15, 2024

[unable to retrieve full-text content]It has been a bit since I have said anything about the Opioid epidemic. Such was brought on by companies and distributors (more like PBMs) claiming it was harmless and non-addicting. I do want to catch up and see how the Sacklers made out. Whether the Gov finally put the screws to them or did […] The post The Opioid Epidemic from 1980 Onward in My Words appeared first on Angry Bear.

[unable to retrieve full-text content]“Medicare Advantage: Questionable Use of Health Risk Assessments Continues to Drive Up Payments to Plans by Billions,” Office of Inspector General | Government Oversight | U.S. Department of Health and Human Services Why OIG Did This Review Medicare Advantage (MA) companies receive higher risk-adjusted payments from CMS for enrollees who are sicker, which helps to […] The post Questionable Use of Health Risk Assessments Drives Costs...

Eurostat published new data on employment in Europe. Average employment growth is +0,9%. The average hides stark differences. A Germany-centered core consisting of Germany, Austria, Sweden, Estonia, Finland, and Hungary shows declines. Surprisingly, it excludes Denmark, Belgium and the Netherlands. The South does better. Countries like Portugal, France, Greece, and, especially, Spain post above-average increases. But unemployment in these countries is still high (over 5%), even when EU...