Angry Bear

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• Real personal income and spending both decline in December
• Weekly Indicators for January 24 – 28 at Seeking Alpha
• COVID is not going away, and optimism is not a plan . . .

Real personal income and spending both decline in December Posted: 30 Jan 2022 03:28 AM PST Real personal income and spending both decline in December; no imminent worry but evidence of softening Nominal personal income rose 0.3% in December, while spending declined -0.6%. In real terms after inflation, personal income declined -0.1%, and personal consumption expenditures declined -1.0%. Nevertheless, both remain well above their pre-pandemic levels:  Here is what the same […] The post Real personal income and spending both decline in December appeared first on Angry Bear.

Weekly Indicators for January 24 – 28 at Seeking Alpha Posted: 30 Jan 2022 01:30 AM PST by New Deal democrat Weekly Indicators for January 24 – 28 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While most of the chatter this past week was about inflation and the Fed raising interest rates, commodities got hot again, with oil making another 7 year high. This is both good and […] The post Weekly Indicators for January 24 – 28 at Seeking Alpha appeared first on Angry Bear.

COVID is not going away, and optimism is not a plan . . . Posted: 29 Jan 2022 10:14 AM PST Here is what Biden said about omicron in December: "We're looking ahead to a brighter and happier December," Mr. Biden said on Wednesday. He ticked through a list of actions by his administration that he said would help ensure fully stocked shelves in groceries and retailers through the holidays. Asked by reporters if he was […] The post COVID is not going away, and optimism is not a plan . . . appeared first on Angry Bear.

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