I often wonder if there’s a place for humor in the world anymore. People still
Category: economy
Firms See Long-Run Inflation Running Far Above Fed Target
If you’re inclined to extrapolate from regional Fed surveys, the US economy is still running
Housing Starts Data Betrays Eye-Watering Disparity
US housing starts fell a second month in October, data out Wednesday showed. Starts dropped
Investors ‘Storm’ US Housing Market, Buy 90,000 Homes In Three Months
As US home prices ascended into the stratosphere amid a confluence of pandemic dynamics all
Shop ‘Til You Drop
US retail sales exceeded expectations for October, data out Tuesday showed. Sales rose 1.7% last
Gasp! What If The Workers Aren’t Coming Back?
What if the workers aren’t coming back? Seemingly every update on the US labor market
China Surprises As Key Data Shows Resilience Amid Slowdown
The Chinese economy exhibited further signs of moderation in October, but data out Monday was
Fed, Biden Risk Credibility Crisis With Inflation Cliffhanger
“Prices surging,” declared alarmist chyrons on Saturday morning news shows in the US. If it’s
A Question For Ray Dalio
Ray Dalio wrote about inflation this week. Regular readers know this, but for anyone who’s
There Are 1.4 Job Openings For Every US Job Seeker (Allegedly)
If you’re jobless, but searching for work, there’s an open position for you. In fact,
White House Has Serious Inflation PR Problem, Survey Shows
Consumers are now very concerned about inflation. That might seem like a flippant or otherwise
‘We Don’t Live In A Society That Pays You What You’re Worth’
It still feels like there’s a bit of cognitive dissonance out there around inflation. Everyone
El-Erian Lacks Ideas, But He’ll Make Up For It In Hyperbole
Mohamed El-Erian, net worth — I don’t know, a lot — is concerned about “the
Scorching US Inflation Report Is Total Disaster
US consumer prices rose far more than expected in October, closely-watched data out Wednesday showed.
A Hot Topic. Figuratively And Literally
Anyone looking for incremental information in Tuesday’s PPI report for October was disappointed. Producer prices
Maybe There’s No Such Thing As ‘Economics’
Richard Clarida reckons the conditions may be right for the Fed to start hiking rates
China Logs Record Trade Surplus Amid Ongoing Export Boom
The Chinese economy may be beset by a laundry list of vexing concerns, but external
A Reality Check For Americans On Infrastructure Weekend
“Generations from now, people will look back and know this is when America won the
Americans Just Don’t Care Anymore
October’s US jobs report was solid, but businesses are still struggling to find workers. Like
Crucial US Jobs Report Comes Up Goldilocks
The US economy added 531,000 jobs in October, the government said Friday. It was the
The One Where We All Get Rich At The End
Taking financial leverage is probably an imprudent decision, especially if it is used with the
12 Gallons Of Milk
It’s a broken record, but so is everything these days. Global food prices rose again
Despondent Apathy
US jobless claims fell a fifth week to a fresh pandemic-era low, in what I
Powell’s Pledge: High Inflation Won’t Define American Life
“Our tools cannot ease supply constraints,” Jerome Powell said Wednesday, following the November FOMC meeting,
US Services Sector Is Flaming-Hot Mess
Markets were treated on Wednesday to more anecdotes from businesses struggling with myriad imbalances created
Another Head Fake? US Labor Market ‘Revving Up,’ ADP Says
US private sector employers added 571,000 jobs in October, data out Wednesday showed. The headline
At US Factories, A Compendium Of Complaints
At this point, getting a “clean” read on where we are in the post-pandemic economic
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