On several occasions over the past six or so months, I’ve delved into the r-star
Category: economy
AI = UBI: The Coming Dystopia
Earlier this year, Goldman estimated that one-fourth of current work tasks in the US could
The Great American Housing Market Bifurcation
America’s is a bifurcated housing market. If you fancy yourself a macro watcher, you should
‘We Aren’t There Yet’
Some economists were surprised Thursday by the scope of the decline in US jobless claims,
‘You Print The Money, I Hate To Tell You’
When it comes to the debt ceiling debate — and just debt in general in
Americans Herded Into New Construction Amid Acute Lack Of Resale Homes
You surely didn’t “hear it here first,” but you’ve certainly heard it here a lot:
‘That’s It?’ Markets Incredulous At Lackluster Chinese Economy
China’s economic recovery is no recovery at all. Last week, I called+ the situation “vexingly
US Retail Sales Surprisingly Buoyant Under The Hood
Headline US retail sales rose just half as much as expected in April, but underlying
Americans Always Pay Down Credit Cards In Q1. But Not This Year…
Typically, Americans’ credit card balances decline during the first quarter of a calendar year. Not in
Traders Eye D.C. Drama, Fed Speakers, Housing, China In New Week
Retail sales, housing data and debt ceiling drama will dominate the market narrative in the
The Lending Standards Canary
The consensus narrative around the latest vintage of the Fed’s senior loan officer survey is
Fed Gets Disastrous Sentiment Report As Inflation Expectations Jump
In a decidedly unwelcome development reminiscent of a fateful Friday in June of 2022, University
Jump In Jobless Claims, Slower PPI Nod To Elusive US Disinflation
US producer prices rose less than expected and jobless claims exceeded estimates, in a round
US Inflation Is Nonevent Amid Benign Super-Core Measures
US consumer prices rose in line with expectations last month, data out Wednesday showed. I
Americans Still Have Half A Trillion To Spend
Americans are still sitting on half a trillion in excess savings, a stash that could
Lending Standards Tighten Further As Demand Collapses, Banks Fret
The most anticipated senior loan officer opinion survey in recent memory showed the share of
Unsolved Macro Mystery Is Key To Inflation Puzzle
Even after watching it play out, and to somewhat disastrous effect in the inflation data,
Americans’ Credit Card Balances Exploded Higher Amid SVB Failure
Consumer credit rose far more than expected in the US during a month defined by
Jobs Report Rekindles Wage-Price Spiral Fears
The US economy added 253,000 jobs in April, according to scorching-hot figures released on Friday.
Greedflation ‘Melting The Glue Of Social Cohesion,’ Albert Edwards Warns
SocGen’s Albert Edwards is passionate about “Greedflation” or, more to the point, about highlighting the
Americans Do Worry About Bank Safety After All
The percentage of Americans with more than $250,000 in their bank accounts may be vanishingly
US Services Sector Still Expanding, Inflation ‘Concerningly Sticky’
A key gauge of services sector activity in the world’s largest economy was broadly consistent
US Private Hiring Jumps ‘Aggressively,’ Pay Growth Drops
US private sector employers added twice as many jobs as expected in April, data released
The System Is Falling Apart
We need to update, refresh and modernize our systems and thinking. It occurs to me
US Labor Market Takes Another Step Down Long Road To Normal
For the second consecutive month, US job openings fell more than expected, leaving the door
‘Season Of Contradictions’ Grips US Factories As Stagflation Looms
US factory activity contracted for a sixth consecutive month in April. That was the bad
Traders Brace For Tsunami Of Data In FOMC Week
Traders will drown in big data this week. Not the kind ChatGPT leverages to churn
You must be logged in to post a comment.