Are Americans desensitized to ominous headlines warning of new COVID waves and soaring inflation? Perhaps,
Category: economy
How Goldman’s Inflation Call Went Wrong, According To Goldman
Seemingly everyone wants to claim they “got it right” on inflation in 2021. Few actually
Goldman Slashes US Growth Outlook On Manchin Bombshell
“A failure to pass Build Back Better has negative growth implications,” Goldman said, in a
Pyramid Scheme
In the three weeks following the Thanksgiving holiday in US, investors were subjected to a
Disappointing US Data Has Stagflation Vibe
US retail sales rose far less than expected in November, data out Wednesday showed. The
Is The Fed About To Become A Hawkish Outlier?
Irrespective of any spin or successful needle-threading from Jerome Powell, there’s a chance the Fed
A ‘Bad News Day’ For China Watchers
Key data out Wednesday suggested the Chinese economy remained under pressure in November as property
US Producer Price Inflation Nears Double-Digits
US producer prices rose far more than expected in November, data out Tuesday showed. The
Are Fed Critics Overcorrecting For Recency Bias?
Nearly every media article about Fed policy and US inflation is a contradiction. Commentators and
No, ‘Americans’ Didn’t Get $34 Trillion Richer During Pandemic
Earlier this week, one widely-followed reporter at a mainstream financial media outlet took to Twitter
Sentiment Survey Reveals Unprecedented Disparities
Consumers’ expectations for inflation were unchanged in early December, the preliminary read on the University
Inflation Nation
US inflation accelerated sharply in November, hotly-anticipated data out Friday showed. Headline CPI rose 6.8%
US Jobless Claims Plummet To New Half-Century Low
Jobless claims dove again in the week to December 4, hitting a 52-year low for
‘Great Resignation’ Rolls On As Americans Quit By The Millions
The number of US job openings stood at 11 million on the last business day
China’s Export Machine Shows ‘No Signs Of Slowing’
China’s economy may be beset with difficulties, but trade remains robust. Exports and imports both
Omicron Cuts Begin: Goldman Slashes US Growth Forecast
In the days following the first Omicron headlines and associated post-holiday market tumult in the
Under The Hood Of The November Jobs Report
Apparently, November’s US jobs report admitted of “too many takeaways” to quickly process. That was
Good News Is Definitely Bad News Now
For once, “scorching” isn’t hyperbole. The US services sector is on fire, according to the
Jobs Report Misses Big, But Unemployment Rate Drops Sharply
The US economy added just 210,000 jobs last month, the government said Friday. The headline
Jobless Claims Stay Low, Congress Averts Government Shutdown
A week after falling to the lowest level since 1969, US jobless claims rose. But
None Of It Was Transitory After All
It was an “in line” kind of day for US data. Shortly after ADP said
Employers Add Half-Million Jobs As Omicron Looms Over December
US private sector employers added 534,000 jobs in November, ADP said Wednesday. That was slightly
OECD: Vaccinate The World. It’s A Lot Cheaper
The OECD had a simple suggestion for advanced economies on Wednesday: Vaccinate the world. It’s
Consumer Confidence Drops On Inflation, COVID
Consumer confidence deteriorated in November, data out Tuesday showed. It’s hardly surprising that Americans are
Goldman On Omicron: ‘The Range Of Outcomes Remains Unusually Wide’
It’ll likely be weeks before the scientific community is prepared to make definitive statements about
In Germany, 6% Inflation (More Wheelbarrow Jokes)
German inflation printed 6% for November, giving me carte blanche to recycle my somewhat wry
Fed Is ‘Attentive’ To Your ‘Sizable’ Inflation Burden
If the FOMC minutes hit on a day when no one is around to read
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