There’s something ironic about an “inflation-busting” plan that involves billions in government expenditures. But, when
Category: economy
Larry Summers Isn’t Buying It
Generally speaking, market participants were pleased with the latest jobs report out of the world’s
‘The Thrill Is Gone’ For Equities. And Your QT Questions Answered
For the better part of a dozen years, stocks were beyond reproach. Thanks to subdued
Jobs Report Checks ‘Goldilocks’ Boxes
The pace of hiring in the US decelerated, but remained robust in August, according to
What If ‘Normal’ Isn’t What We Think It Is?
The past two years prompted quite a bit of soul-searching for humanity, and particularly for
China Descends Further Into Crisis With Megacity Lockdown
Markets warily eyed a bevy of inauspicious developments as September dawned, including a new COVID
‘Manufacturing’ A Narrative Before ‘The Music Stops’
The US economy is resilient. So said top-tier data released on Thursday, less than 24
Don’t Mention The Fiscal Stagflation Paper
A fixture of the pandemic-era, wartime inflation debate is the (largely self-evident) contention that central
US Employers Add Fewest Jobs Since January 2021: ADP Reboot
The return of ADP’s monthly private sector employment report offered a comparatively lackluster snapshot of
As Europe Faces Oblivion, Markets Debate Technocratic Tinkering
Inflation likely rose more than 9% across the euro-area in August, data out Wednesday showed.
This Is The ‘100-Trillion Dollar Question’
In the aftermath of Jerome Powell’s overtly hawkish address in Jackson Hole, markets are compelled
US Labor Market Still A Hopeless Funhouse Mirror
Officials searching for evidence of normalization in the US jobs market were left disappointed by
US Home Prices Cool. Only Not Really
Rejoice, “bargain” shoppers! US home prices grew at the slowest annual pace since May of
UK Inflation Could Reach 20%, Goldman Warns
Inflation in the UK could reach almost 15% in January, and may rise as high
Staving Off A Crisis
It’s not a stretch (at all) to suggest Europe is currently facing the most onerous
The ‘Flashy, Gimmicky’ Student Debt Piñata
A “flashy gimmick.” That’s what the Wall Street Journal‘s editor… oh, wait, it’s the Washington
Poring, Pouring And Poor-ing
Appropriately, the pre-Labor Day trade in the US will be all about the US labor
No Trade-Off?
“Are you willing, in Wall Street parlance, to ‘be Volcker’,” Bloomberg’s Michael McKee asked Raphael Bostic,
QT May Be ‘Straw That Breaks The Market’s Back’: Quant
There’s growing consternation among the analyst community that markets are insufficiently attentive to the risks
Hand It Over. And Stop Complaining About The Students
I said it a half-dozen times since June if I said it once. And I
The Powell Doctrine
“My remarks will be shorter, my focus narrower and my message more direct,” Jerome Powell
Stale Relief
Price pressures abated in the US last month, key data out Friday showed. The news
The Great Swindler
Back in April, during Berkshire’s first in-person annual meeting since 2019, Warren Buffett described inflation
Zoltan Pozsar Saves The Western World
Those calling for a quick return to 2% inflation in advanced economies are “naively optimistic.”
Are We Asking The Wrong Inflation Questions? Again?
What if rate hikes make inflation worse? It’s a question worth asking. Not in the
The Revenge Of ‘Econ 101’
News flow slowed to something approximating a trickle ahead of Jackson Hole, a consequence of
Two Years Later, ‘A Completely Unbalanced Situation’
The amount of digital ink devoted to Jackson Hole over the past several days was
You must be logged in to post a comment.