Remember When (Almost) Everyone Was Saying That US Businesses Were Hoarding Workers?
As a businessman and ex-business owner, the idea of firms ‘hoarding’ workers never made sense. As an economist, the idea of firms...
top of page
NEWS
Giving Some Context To Real Estate Concerns
When the Federal Reserve (Fed) cut rates in response to the COVID-19 pandemic, mortgage rates fell below 3% in 2021 and many households...
Employment Still Relatively Strong But The US Economy is Finally Downshifting
The relative weakness in July’s nonfarm payroll employment number and the increase in the rate of unemployment from 4.1% in June to 4.3%...
THOUGHTS OF THE WEEK - July 26th
July FOMC Meeting Preview The Federal Reserve (Fed) doesn’t like to spook markets, that is the reason why it has crafted its...
Economic Growth, Inflation, Expected to Downshift in Second Half
As we start the second half of the year and as we approach next week’s release of the preliminary report on real GDP for the second...
THOUGHTS OF THE WEEK: July 12th
The Pendulum Swings Back to the Micro (from Macro)! This week marks the official start to 2Q24 earnings season, with the big banks among...
Online Sales Continue to Grow, Unabated!
Retail trade sales in the US are reported by distribution channel. For example, gasoline sales are reported through the gasoline stations...
Not All Wealth is Created Equal
Total net worth, or household wealth, has reached a new record high, at least in nominal terms. This has pushed many to argue that...
One Way We Could Explain the Latest FOMC Decision: Rise over Run!
What do we mean by ‘rise over run.’ For those of you that are math geeks, you will get it fast enough. However, for those of you who are...
Thoughts of the Week - June 7th
Game On! All eyes will be watching the start of this week’s best of seven game series between the Eastern and Western conference winners...
bottom of page