– by New Deal democrat We finish the month of May with the very important personal income and spending for April, which gives us a thorough look at the consumer. In this case it is particularly complicated by the fact that “Liberation Day” tariffs and various further retaliatory increases were imposed at various times during the […]

The post April personal income and spending: the last positive front-running report? appeared first on Angry Bear.

I was nosey and decided to read this article and see if I agree with it. I look to the throughput of people and machinery to gauge if the plan and people can satisfy the requirements. Plans are not ironclad and may need to be changed to meet what people can do in a setting. […]

The post Position Pay Incentives Can Backfire appeared first on Angry Bear.

 – by New Deal democrat Let me start this post by picking up where I left off yesterday. In yesterday’s post I suggested that an absolute YoY decline in intermodal rail freight might well show up in this morning’s report from the AAR. And as the below chart shows, that’s exactly what happened, with intermodal traffic […]

The post Tariff-palooza! Implodes – for now; but is it already too late? appeared first on Angry Bear.

Interesting issues occurring on May 28th which ended up in the courts. Also, people are finding ways to make money as Trump plays with on-again and off-again tariffs. As you probably know, the ruling on tariffs by the U.S. Court of International Trade was set aside by the Court of Appeals for the Federal Circuit. […]

The post Letters from an American May 28, 2025 appeared first on Angry Bear.

I did a deeper investigation to get to the source of the reported loss on numerous Starlink satellites launched by Elon Musk. As reported on 3 February 2022, SpaceX launched 49 Starlink satellites, 38 of which unexpectedly deorbited. The deorbiting of the satellites was blamed on space weather. What the study determines is what contributed […]

The post The Loss of Starlink Satellites in February 2022 appeared first on Angry Bear.

So Elon is headed back to the private sector after a star turn as chainsaw-in-chief and co-president. How did that work out, anyway? “Musk’s original goal was $2 trillion in annual savings, downsized several times to the range of $500 billion. DOGE currently claims $175 billion in savings. But the House bill would formalize barely […]

The post Buh-bye, Elon appeared first on Angry Bear.

 – by New Deal democrat One of the main reasons I include the last two years when I write about initial and continued jobless claims is that a distinct unresolved post-pandemic seasonality has developed. Even after seasonal adjustment, claims have tended to rise in the late spring towards the summer, and then decline beginning in late […]

The post Jobless claims: unresolved post-pandemic seasonality appears once again appeared first on Angry Bear.

One of my favorite aphorisms, for which I haven’t located the source, is: “There’s something about the sound of a clock striking 13 that calls into doubt everything that came before.” That came to mind when I read about RFK Jr’s “Make America Healthy Again” report: “ The Washington Post reported, “Some of the report’s […]

The post RFK Jr and the clock that strikes 13 appeared first on Angry Bear.

 – by New Deal democrat There’s no significant new economic data today, so let’s take an updated look at the downstream effects on the supply chain and retail sales so far from T—-p’s tariffs. To begin with, at least some of the tariffs are indeed in effect. Here is a graph from Ben Casselman of The […]

The post Updating the status of tariff-palooza! appeared first on Angry Bear.

A Brief designed explanation taken from the Center for American Progress commentary and analysis. It finds Medicare Advantage (MA) plans are overpaid by 22 to 39 percent. Instead of overpaying Medicare Advantage the curbing of MA overpayments should be used to improve the Medicare program for all beneficiaries. This is nothing new and I have […]

The post Medicare Advantage (MA) plans overpaid by 22 to 39 percent appeared first on Angry Bear.

First, my opinion. If anybody thinks this is not holding Trade with the US hostage until the other country concedes, they are crazy. Trump is obviously flexing our muscle to gain political advantage and a venue in which to brag. The only thing a tariff will do is protect an industry for a short period […]

The post A Couple of Economist Views on Tariffs appeared first on Angry Bear.

The latest meme around the Trump tariffs is TACO: Trump Always Chickens Out. Savvy traders are buying on the TACO tariff dips and selling on the TACO caves. And those caves are popular. “Yesterday, the Conference Board reported that in May consumer confidence surged by 12.3, the largest monthly increase in four years. Bloomberg said […]

The post The art of the fake deal appeared first on Angry Bear.

I recall a time when the Republican Party stood for small government and local control. The grandiose Trump GOP cult has abandoned that principle in favor of meddling in anything and everything public and private that Trump opposes. “The administration has threatened to hold back the funds and permissions unless New York stops charging tolls […]

The post Trump hates local government appeared first on Angry Bear.

I didn’t apply to Harvard. I wouldn’t have gotten in if I had. Even though I lettered in track and field and was captain of my high school cross country team, I was a B student in high school. I didn’t apply to Harvard for grad school either. The lab where I did my postdoc […]

The post In defense of Harvard appeared first on Angry Bear.

U.S. President Donald Trump opened Memorial Day in the most disgusting way possible, not by praising our fallen heroes but by attacking Democrats. He wrote on his Nazi-infested social media site on Monday morning: Happy Memorial Day to all, including the scum that spent the last four years trying to destroy our country through warped radical left minds . […]

The post President Donald Trump opened Memorial Day in the most disgusting way possible appeared first on Angry Bear.

Carpetbagger Mikie Rogers Trying to Become a Michigan Senator Again. He could not beat Stabenow (won by ~ 1 million votes) and he was not about to take on Peters who won by 500,000 votes over a different candidate. Rogers had a disliking for the ACA and did not have much to offer in place […]

The post Mr. Rogers Wants to Go to Washington Again appeared first on Angry Bear.

Change in Household Income Resulting from the Republican and Trumps extension of the 2017 Tax Bill or the TCJA Daniel Becker had this bar chart on Facebook which details how the tax break will play out. Really great for the 1 tenth of 1 percenters. Good for the top 1 percenters and the upper five […]

The post Change in Household Income Resulting from the Republican and Trumps extension of the 2017 Tax Bill or the TCJA appeared first on Angry Bear.

 – by New Deal democrat Last week the existing home sales report showed continued deceleration in YoY price increases to 1.8%, indicative of the ongoing rebalancing of the housing market. This morning’s repeat home sales reports from the FHFA and S&P Case Shiller confirmed that deceleration and ongoing rebalancing. On a seasonally adjusted basis, in […]

The post Repeat home sales through March confirm continued deceleration of price increases appeared first on Angry Bear.

It’s not just Tesla that is becoming poison in Europe: “European airlines are freezing their transatlantic growth and pulling back from major U.S. cities like New York, Miami, Los Angeles, and Chicago as they redirect flights to Canada, Mexico, Brazil and Caribbean, where bookings are rising and demand is outpacing the American market. Carriers including […]

The post Europe isn’t flying the unfriendly skies of America appeared first on Angry Bear.

Weekly Indicators for May 19 – 23 at Seeking Alpha (plus bonus charts)  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The effects of Tariff-paloooza! are like a slowly building tsunami. The tide rolled out, but now far out at sea there is a horizon to horizon white wall of foam. […]

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