Category Archives: COVID-19

Inflation Not Stopping Holiday Shoppers

Popular Economics Weekly When will inflation subside enough to bring down interest rates again? There are estimates that it takes from one year to 10 years to cure large inflation spikes such as occurred this year, based on what pundits … Continue reading

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Inflation Falling Fast

Financial FAQs CPI inflation declined to 7.7 percent in October compared to a year ago, down from 8.2 percent in September, the government said Thursday. But it’s not making consumers any happier with the approach of the holidays. The University … Continue reading

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We Would Have A Soft Landing (If Fed Will Listen)

Financial FAQs FREDdurablegoods After four consecutive 0.75 percent rate hikes, the Fed should slow down its rate increases, say at least three Federal Reserve Governors. That is good news as we try to assess the likelihood of another recession. It’s … Continue reading

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Americans Still Fully Employed

Popular Economics Weekly MarketWatch Every sector added jobs in October’s nonfarm unemployment report except mining, and the unemployment rate is still at a record low of 3.7 percent, even with the Fed promising to continue to raise interest rates. “Total … Continue reading

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Healthy Economy Should be Fed’s Priority

Financial FAQs Calculated Risk Just days before an election that may decide the future growth path of the U.S. economy, the Labor Department’s JOLTS report shows Americans still fully employed. It seems companies aren’t yet ready to shrink their payrolls … Continue reading

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Third Quarter Growth Turns Positive

Popular Economics Weekly BEA.gov The U.S. economy grew 2.6 percent in the third quarter due to exploding exports and declining imports after two quarters of negative growth from the aftereffects of the pandemic, and record GDP growth in 2021. ‘The … Continue reading

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Can We Stay Fully Employed?

Financial FAQs Roosevelt Institute Paul Krugman has forwarded an excellent blog piece by Roosevelt Institute Fellow Justin Bloesch on why we can maintain near-full employment while inflation is returning to the rate that prevailed prior to the pandemic. Bloesch maintains … Continue reading

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Leading Indicators Say Imminent Recession?

Financial FAQs Conference Board One economic growth measure acknowledged by market professionals but few else is the Conference Board’s Index of Leading Economic Indicators (LEI) that attempts to forecast future economic activity. And it is signaling an upcoming recession, according … Continue reading

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Homebuilders Losing Confidence

The Mortgage Corner Calculated Risk Builder confidence in the market for newly built single-family homes dropped eight points in October to 38—half the level it was just six months ago—according to the National Association of Home Builders (NAHB)/Wells Fargo Housing … Continue reading

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Retail Sales, Inflation Slowing

Popular Economics Weekly FREDretailsales Another part of the inflation puzzle is retail sales; probably the most important picture of consumer demand since consumers power some 70 percent of economic activity. Any decline in retail sales helps the Federal Reserve decide … Continue reading

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