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Monthly Archives: July 2020
When Will Growth Return?
Financial FAQs FRED-MarketWatch The headline decline in Q2 GDP growth only touches the surface of what economic growth to expect this fall and winter. The drop of minus -32.9 percent was inevitable with the pandemic lockdowns, but not the severity … Continue reading
Consumer Confidence in Decline
Popular Economics Weekly FRED There are a number of reasons that consumers are becoming more fearful after that initial boost of spending with the spring holidays. It’s not only the prospect of a COVID-19 resurgence in the fall when we … Continue reading
Our ‘Whac-A-Mole’ Recovery
Financial FAQs FREDinitialclaims Initial jobless claim for the week ending were slightly up at 1,416,000 for the week ending July 18, which means that the reversals of business openings as COVID-19 infection rates soar again have flattened the wrong curve—applications … Continue reading
Posted in Consumers, Economy, Politics, Uncategorized
Tagged COVID-19, GDP growth, initial jobless claims, pandemic
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What ‘V’– Shaped Recovery?
Popular Economics Weekly FREDInitialClaims It’s becoming obvious to me there will be no ‘V’ shaped economic recovery with positive GDP growth resuming in the fall and winter quarters, after the plunges we are seeing in Q1 and projected Q2 growth. … Continue reading
Posted in Consumers, Economy, Weekly Financial News
Tagged CBO, COVID-19, GDP growth, Great Recession
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Who Says There’s No Leadership?
Answering the Kennedys’ Call http://www.nippon.com Critics of the Trump administration and its Republican Party enablers have it exactly backward when they say the federal government isn’t leading the effort to control the novel coronavirus pandemic. They have in fact been … Continue reading
Posted in Uncategorized
Tagged arne duncan, COVID-19, Donald Trump, novel coronavirus, republican party, Supreme Court
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Who Says There’s No Leadership?
Answering the Kennedys’ Call http://www.nippon.com Critics of the Trump administration and its Republican Party enablers have it exactly backward when they say the federal government isn’t leading the effort to control the novel coronavirus pandemic. They have in fact been … Continue reading
Posted in Politics, Uncategorized
Tagged arne duncan, COVID-19, Donald Trump, novel coronavirus, republican party, Supreme Court
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“When Will We Ever Learn?”
Answering the Kennedys’ Call @TBPInvictus Pete Seeger first wrote his ode to ending wars, Where Have All the Flowers Gone? in 1955 but it could just as well apply to today’s war against the novel coronavirus pandemic that is killing … Continue reading
“When Will We Ever Learn?”
Answering the Kennedys’ Call @TBPInvictus Bob Dylan wrote his ode to ending wars, Where Have All the Flowers Gone? in the 1960s but it could just as well apply to today’s war against the novel coronavirus pandemic that is killing … Continue reading
COVID-19—WHO Wins?
Popular Economics Weekly https://twitter.com/jfkirkegaard Conquering the pandemic really means depending on the cooperation across borders of races and ethnicities that separate regions and countries. COVID-19 is winning the battle in those countries and states with the worst outbreaks that believe … Continue reading
Posted in Consumers, Economy, Politics, Uncategorized
Tagged COVID-19, euro zone, red states, WHO
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Why So Much Inequality?
Financial FAQs Wrightson/ICAP Nobel Laureate and NYTimes columnist Paul Krugman has said it would probably take something on the scale of an alien invasion to create the emergency programs and policies that would benefit all Americans, such as another New … Continue reading
Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News
Tagged COVID-19, ISM Non-manufacturing index, New Deal
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