Slightly Left of Center Economics Blog
Contributor's Links: Angry Bear Blog

Relevant and even prescient commentary on news, politics and the economy.

Emeritus Contributors to Angry Bear include: Bill McBride, now at his own Calculated Risk,  Kash Mansori who now writes sometimes at ... more

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Jobless Claims Slowly Continue To Get “Less Worse,” While Longer Term Deadweight Loss Builds
On a non-seasonally adjusted basis, new jobless claims declined by 68,038 to 889,549, a new pandemic low.
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FDI In A Risky World
The pandemic has shown that global supply chains are vulnerable to shocks. Output contracted as factories were closed in China and the impact was transmitted to firms further along the chains and the distributors of the final goods.
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The End Of Special Fiscal Stimulus
The latest evidence is that indeed the former V recovery is indeed slowing down, with retail sales up only by 1.2% in July. Many are now suggesting we may see an actual GDP decline into a “wiggly W” pattern.
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The 2017 Tax Cuts And Irish Jobs Act
America’s production of pharmaceuticals and medicines peaked in 2006, back before the global financial crisis.
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Might There Be A V-Shaped Economic Recovery After All?
The rate of decline for March to April was -14.4%. Apparently, retail sales are now only 8% below their peak in February.
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S&P PE Now Back Above Fair Value
After the recent market rebound the S&P 500 valuation has risen from below my estimated fair value to just over the top of the fair value band.
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STOCKS I FOLLOW

EWG iShares MSCI Germany Index Fund
EWP iShares MSCI Spain Index Fund
FXE Euro Currency Trust
GM General Motors Company
MZG1.F LINAMAR
OIL iPath B S&P GSCI Crude Oil TR ETN
SPY SPDR S&P 500

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Latest Posts
US Library Of Congress Selects Angry Bear To Archive
The United States Library of Congress will be archiving and collecting material from Angry Bear.
Amazon Defeated In New York (Updated)
In the biggest ever defeat for a subsidized project in history, Amazon announce dFebruary 14th that it was canceling its planned half of HQ2 for New York City, which was to receive subsidies worth at least $3.133 billion.
Real Retail Sales Very Positive; Industrial Production Decent
Real retail sales for November, together with the revisions for October, were very positive. As of November both real retail sales and real retail sales per capita set new records.

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Presimetrics
Angry Bear
Black Dog & Leventhal Publishers
08/18/2010
The authors cut through party bias to present the quantifiable facts about how modern presidents have performed on critical national issues Politicians and the media spend a lot of time telling Americans how the presidents and their administrations are performing, but this analysis always skews along party lines. In Presimetrics, Kimel and Kanell take a fresh look at modern politics by gathering data from numerous government sources in order to compare and rank presidential performance on critical issues, from employment and health care to taxes and family values. The results frequently defy expectations. The lively text clearly explains how various policies of each administration affect the data, and fascinating information graphics lend even greater depth to the discussion, showing at a glance how multiple administrations stack up.