Angry Bear

Coronavirus dashboard for October 20: some good news among the gloom

Coronavirus dashboard for October 20: some good news among the gloom   Total US confirmed infections: 8,273,296* Average US infections last 7 days: 59,527 (vs. recent low of 34,354 on Sept 12) Total US deaths: 221,052 Average US deaths last 7 days: 738 (vs. recent low of 689 4 days ago) *I suspect the real […]

“I don’t know about the two gentlemen you mentioned.”

“I don’t know about the two gentlemen you mentioned.” Rudy Giuliani and Steve Bannon join a long list of people Donald Trump doesn’t know about. Igor Fruman and Lev Parnas “I don’t know those gentleman. Now, it’s possible I have a picture with them because I have a picture with everybody. I don’t know them, […]

Some things going on at AB

Briefly, fellow writers. Dan is changing a few things for the better. In the comments section, you should be able to bold or italicize things and do other functions which are normal when writing. We are going to track other blogs and news similar to what you may have seen elsewhere and have a special […]

Jobless claims: a very positive reversal

Jobless claims: a very positive reversal   This week’s new jobless claims report not only reversed last week’s increase but declined below 800,000 for the first time on an *un*revised basis. I say that because revisions from two weeks ago now have that week as the lowest since the pandemic struck.  [NOTE: California has restarted […]

The Period Of Short Term Memory

The Period Of Short Term Memory  The election is two weeks from today.  When I took an intro psych course over half a century ago, I was taught in it that two weeks is the period of short term memory, the period in which we remember events with special salience.  I do not know if […]

Sincere Advce For Donald Trump

Last I heard (6:52 PM EST October 10 2020) Donald Trump wants to sign a huge new stimulus bill. I don’t try to read his mind, but I think he is sincere. It is the only way he can win re-election. On the other hand, Mtich McConnell does not want the Senate to pass a […]

September housing construction: another very positive month

by New Deal democrat September housing construction: another very positive month Yesterday September housing permits and starts were reported. Permits made yet another 10+ year high. This bodes very well for the economy in 2021, if the pandemic can be contained. Sorry about the delay. Seeking Alpha didn’t get around to publishing it until this […]

The 2020 election nowcast: Biden widens national lead; Senate races likely to follow Presidential result in each State

The 2020 election nowcast: Biden widens national lead; Senate races likely to follow Presidential result in each State Here is my weekly update on the 2020 elections, based on State rather than national polling in the past 30 days, since that directly reflects what is likely to happen in the Electoral College.At only 16 days […]

Two noteworthy tweets

Two noteworthy tweets It’s a slow economic news week. Housing starts and permits are reported tomorrow, and jobless claims and existing home sales on Thursday. I’ll update the Coronavirus Dashboard Wednesday.  So for today, two nuggets. 1. Nate Silver discovers behavioral psychology: This has been my paradigm for months. Panic breeds compliance with mask-wearing and […]

The Post Office in a Decent Society

Mark Jamison’s commentary on USPO matters have been featured at Angry Bear Blog a number of times. A retired postmaster, Mark Jamison serves as an advisor, resident guru, and a regular contributor to Save the Post Office. Mark’s previous posts concerning the USPO can be found here at “Save The Post Office” or by doing […]

Eating More Chocolate: A Cure for Pandemic Fatigue?

Just doing the local rounds and reading. One of three writers over at Naked Capitalism had this up on a small way escape the boredom of Covid.  It is more than just a promotion about chocolate and it does make you smile. When I was working in Riethim-Weilheim area of Germany near Tuttligen, on the […]

Tic Tac Toe, Supreme Court style

(This was first posted February 21, 2008.) Bribes, payola, favor of the physical kind? Forget-about it. Just put the right person in the appropriate agency, preferably a person from the line of business the agency is to regulate. But, for extra insurance over the long haul, with a little luck of timing you get to […]

The Guardians of the Financial Galaxy

by Joseph Joyce The Guardians of the Financial Galaxy The rapid expansion of the pandemic and the ensuing economic and financial collapses brought about responses by policymakers, including actions undertaken on an international basis. The Federal Reserve acted together with other central banks to ensure that an adequate supply of dollars was available to support […]

Let’s make a coronavirus deal?

Latest on the relief negotiations is here.  Short version, Pelosi and Mnuchin are still negotiating over a $1.9 trillion bill; McConnell is floating the idea of a $500 billion dollar bill, but it is far from clear he can or even wants to pass anything. If Pelosi can get to a deal with Mnuchin, that’s […]

Real retail sales continue (inexplicably) strong, still bode well for employment

Real retail sales continue (inexplicably) strong, still bode well for employment   This morning we got two important monthly September reports: industrial production and retail sales. I have more to say about industrial production, and some general economic analysis about retail sales, which are pending at Seeking Alpha. I will post a link once that […]

A New Agenda for Postal Reform

Steve Hutkins of Save The Post Office critiques the cost-saving measures put into play to-date by PMG Louis DeJoy, the bypassing of the Postal Regulatory Commission which is supposed to review such plans, and the resulting unprecedented mail delays across the country. In conjunction with others, Steve proposes a plan to meet the Covid crisis head-on […]

Stealing Signs

Stealing Signs, Econospeak, October 13, 2020 I know this is a widespread and basically trivial matter, but since I had posted earlier about all of the BLM signs on my block (including at our house) accompanied more recently by signs related to the various political races (we have a Senate race, as well as House, […]

Weekly Indicators for October 12 – 16 at Seeking Alpha

by New Deal democrat Weekly Indicators for October 12 – 16 at Seeking Alpha  My Weekly Indicators post is up at Seeking Alpha. What was most noteworthy about the past week is the confirmation that consumer spending, so far, has continued to hold up even as emergency Congressional assistance has been terminated for a month and […]