Monday, June 5, 2023
Inflation and spread charts updated
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Last week the Fed effectively announced there would be no rate hike at the June 14th FOMC meeting, but there might be a hike at the July 26t...
8 comments:
Wednesday, May 31, 2023
Recommended reading: work requirements and welfare
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This is a timely topic given the ongoing debate over raising the debt ceiling. John Cochrane, one of my favorite economists, has a very nice...
11 comments:
Thursday, May 25, 2023
It's a 2% growth world
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The second revision to Q1/23 GDP growth came in slightly stronger than expected: 1.3% vs 1.1%. Both those numbers are annualized, so actual ...
29 comments:
Wednesday, May 24, 2023
A soft landing thanks to surplus M2
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There is a growing consensus among observers that a recession is almost inevitable, thanks to the Federal Reserve's unprecedented tighte...
1 comment:
Friday, May 12, 2023
Inflation is so over
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Today the bond market is convinced that there will be no more Fed rate hikes. Yet the Fed insists that inflation has not fallen by enough, s...
45 comments:
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