Economy

“Mandate for Leadership” (aka Project 2025) on Trade Policy: The Case for Fair Trade

I have delayed reviewing this portion of chapter 26 of the Project 2025 because I knew it would be painful…

2 years ago

Revisiting the Recession Call of 2022H1

Now that we’re talking recession (again), it seems like a good idea to remind ourselves of the last time some…

2 years ago

Each Time I Read Something Out of WMC, I Experience Cognitive Dissonance

From the just-released Summer WMC Wisconsin Employer Survey: “There is no question that the mix of higher costs and higher…

2 years ago

Weekly Business Cycle Indicators – Data through 7/27

From the Lewis, Mertens, Stock NY Fed WEI, and the Baumeister, Leiva-Leon, Sims Economic Conditions Index: Figure 1: WEI (blue),…

2 years ago

Who Better Predicted the Transitory Inflation Surge of 2021-24?

Consumers, CEO’s, or economists? Figure 1: Year-on-Year CPI inflation (bold black line), corresponding 1 year ahead inflation expectation from NY…

2 years ago

Three Episodes of the Sahm Rule Triggered

Recent vs. 2008 and 2001 recessions. In the 2001 and 2008 recessions, the Sahm Rule (real time) threshold is passed…

2 years ago

An Eventful Week – Interest Rates

10 year Treasury yields are down 40 bps over the week. Over this week, the end-of-year CME Fed funds futures…

2 years ago

Trump Prediction Market Meltdown: COB 1 August 2024

From PredictIt on the Presidential Election Winner, 54 Dem / 48 Rep: Source link

2 years ago

GDP Per Capita | Econbrowser

Are you better off than you were 4 years ago? Figure 1: GDP per capita (blue), lagged 4 years (orange),…

2 years ago

VoxEU: “The Russian sanctions and dollar foreign exchange reserves”

From a VoxEU article today, by Robert N. McCauley with Hiro Ito and Menzie Chinn: Will the freezing of the…

2 years ago