Saturday, June 25, 2022

Angry Bear

Angry Bear


New home sales rebound, but downtrend in sales intact; prices continue to climb

Posted: 25 Jun 2022 08:58 AM PDT

New home sales rebound, but downtrend in sales intact; prices continue to climb In response to April's dismal report, I wrote that "new home sales are heavily revised after the first report. It is not unusual at all for big monthly moves like this to suddenly look much less severe when the number gets revised […]

The post New home sales rebound, but downtrend in sales intact; prices continue to climb appeared first on Angry Bear.

Chaos Theory and The End of Roe V Wade

Posted: 25 Jun 2022 07:34 AM PDT

“Chaos Theory and The End of Roe V Wade,” Econospeak, Barkley Rosser Probably the most famous characteristic of chaotic dynamics is the phenomenon known formally as sensitive dependence on initial conditions, which is more popularly known as the “butterfly effect.” In such dynamics a small change in a starting value or a parameter value can […]

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There is a proper response to this travesty

Posted: 25 Jun 2022 04:02 AM PDT

Tonight, I wish to pull a response from one of my favorite bloggers. It is a good read. I think you will enjoy it too after enduring all of the BS coming out of SCOTUS. Then there is the Republican caused national crisis. It is the proper response to both issues. “There is only one […]

The post There is a proper response to this travesty appeared first on Angry Bear.

Resurrecting the metric: initial claims lead the unemployment rate

Posted: 24 Jun 2022 04:01 AM PDT

Resurrecting the metric: initial claims lead the unemployment rate; no recession signal so far  Initial jobless claims declined -2,000 to 229,000 last week, vs. the 50+ year low of 166,000 set in March. The 4 week average rose from 4,500 to 223,500, compared with the all-time low of 170,500 eleven weeks ago.  Continuing claims rose […]

The post Resurrecting the metric: initial claims lead the unemployment rate appeared first on Angry Bear.

Healthcare, Oil, and SCOTUS Dominates the News

Posted: 24 Jun 2022 03:30 AM PDT

It has been a while since I have listed news articles. Healthcare, Oil, and SCOTUS topics are dominating news today. Colorado is kicking of a Public Option. If successful, it will greatly benefit citizens there. Oil and gasoline are big issues. When taking into consideration inflation, the price today of a gallon of gasoline is […]

The post Healthcare, Oil, and SCOTUS Dominates the News appeared first on Angry Bear.

Open thread June 24, 2022

Posted: 24 Jun 2022 03:02 AM PDT

The post Open thread June 24, 2022 appeared first on Angry Bear.

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