Often, by the end of a given week, I’m exhausted with pretensions to concern about
Category: economy
Everything That’s Knowable
360,000 Americans filed for unemployment benefits last week, slightly more than expected. The prior week
‘Maximum Crisis Level’
One of this week’s media narratives revolved around the juxtaposition between a still-dovish Fed and
As Questions Mount, Chinese Economy Holds Up
On the heels of an abrupt dovish policy pivot, the outlook for the Chinese economy
Paying For It
$3.5 trillion is “a lot of money,” Democrat Jon Tester ventured. That was one gem
Wrong And Calm Or Right And Scared?
Jerome Powell said what he needed to say Wednesday in prepared remarks for his semi-annual
‘Scorching’ Is The Adjective Du Jour
I suppose it would’ve been something of a “letdown” if PPI had posted a downside
US Inflation Surges Again, Dealing Fresh Blow To ‘Transitory’
Inflation surged far more than expected in the world’s largest economy last month, hotly-anticipated data
Macro Madness
Forever ago, I had a boss whose demonstrable success had the effect of gradually eroding
Diminishing Returns
It’s eminently possible that everything worth saying about markets and the outlook for the economy
The Big Benefits Question
To say there’s considerable debate about the extent to which enhanced unemployment benefits are holding
Joe Biden Fixes Capitalism In 31 Short Pages
Maybe it’s just me, but it feels like every other speech and soundbite emanating from
The Blank Check Rant
It’s nice to see some initiative, but I’ll admit to being a bit annoyed when
China’s ‘Dovish Pivot’: What’s The Message?
China was the only major economy that managed to grow in 2020, a bitter pill
Jobless Claims Tick Higher Amid Ongoing Labor Friction
373,000 Americans filed for unemployment benefits last week, more than anticipated. The prior week’s level,
The Growth Scare Is Here
Over the past two weeks (give or take), I’ve argued that markets were teetering precariously
Are You Awesome?
“Where are all the job seekers?,” asked The Indeed Hiring Lab, in the color accompanying
Technocrats And Their Deliberations
Why did a handful of technocrats raise their projection for where the panel on which
Sand In The Gears
US job openings rose 16,000 to 9.21 million at the end of May, the BLS
Wanted: Someone To Serve These Drinks
Activity in the US services sector is robust, but perhaps cooling at the margins. That’s
The Perils Of Normalization
Not all “notables” make for the most exciting reading. In fact, some notables are downright
A Somnolent Summer Drift?
You might be inclined to suggest the holiday-shortened week is destined to be an uneventful,
‘Numbers!’ Under The Hood Of The June Jobs Report
The US economy added more jobs than expected in June, a welcome development to be
‘Just’ 6.8 Million To Go!
The world’s largest economy added 850,000 jobs last month, the BLS said Friday. The headline
Before We Dismiss The PhDs…
It’s easy to make inflation jokes these days. They write themselves. But the punchlines feel
‘No End In Sight!’ US Manufacturing Beset By Disruptions, Shortages
US manufacturing activity was robust in June, while price pressures continued unabated. That was the
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