Category Archives: Macro Economics

A Guest Opportunity For Podcasters

Answering Kennedy’s Call About Harlan Green § Harlan Russell Green is 2023 Winner of the Peace Corps Writers’ Publisher’s Award Jul 31, 2023 § Harlan Russell Green (Turkey 1964–66) 2023 Publisher’s Award Building Community: Answering Kennedy’s Call, Harlan Green’s memoir … Continue reading

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Jobs Still Plentiful!

Popular Economics Weekly MarketWatch.com The Fed Governors should be happy with Friday’s unemployment report—nothing has really changed over the past several months, including record low unemployment, inflation continuing to decline, and average hourly wages holding at 4.4 percent. “Both the … Continue reading

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A Lot of Job Openings!

Financial FAQs Calculated Risk Blog It’s hard to reconcile the recent downgrade of US Treasury debt by Fitch Ratings, one of the three major debt rating agencies, to AA+ from AAA, with the US economy still at full employment. “The … Continue reading

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“It’s Consumer Spending, Stupid!”

Financial FAQs FREDretailsales Consumer spending has markedly slowed due to higher interest rates and depleted savings, but it is growing enough to maintain economic growth. This was confirmed by Tuesday morning’s retail sales report. “June retail trade sales were up 0.2 … Continue reading

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Inflation or Deflation Next Year?

Financial FAQs FREDpersonalconsumption The Fed’s favored personal consumption expenditures price index (PCE) has been on a sharp downward trend since June 2022 when it reached its 7 percent inflation high. Both its overall headline indicator (blue line) and core index … Continue reading

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Fed Should Call a Truce

Financial FAQs CalculatedRisk First Republic Bank’s takeover by the FDIC highlighted just how vulnerable our banking system is to higher interest rates. It had more than 80 percent uninsured deposits, just like the other failed banks vulnerable to higher interest … Continue reading

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Corporate Profits the Inflation Culprit?

Financial FAQs BusinessInsider Another just published economic indicator predicts inflation could be moderating faster than predicted by most analysts. The New York Fed’s consumer expectation survey just out reported median one-, three-, and five-year-ahead inflation expectations decreased to 5.2 percent, 3.0 percent, … Continue reading

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Why Slow Down U.S. Growth?

Popular Economics Weekly MarketWatch Once again, all job categories were positive in the Labor Department’s August unemployment report. Professional/Business, Education & Health, Retail, and Leisure & Hospitality created 211,000 of the 315,000 nonfarm payroll jobs in August’s payroll tally. Why … Continue reading

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Where’s the Slowdown?

Popular Economics Weekly Calculated Risk The Labor Department’s JOLTS report just out shows job openings are still at twice the number of job hirings. How does this justify what seems to be pundits fixation on the possibility of a recurring … Continue reading

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Jobs Picture Reduces Inflation Worries

Popular Economics Weekly Calculated Risk Weekly initial unemployment claims are holding at the lowest level since 1970, which is a sign of an extremely tight labor market. In the week ending June 18, the advance figure for seasonally adjusted initial … Continue reading

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