Category Archives: Weekly Financial News

Why the Labor Shortage?

Financial FAQs Once again, we begin the countdown to the unemployment report by parsing the Job Openings and Labor Turnover Survey (JOLTS) report on the number of job vacancies in the U.S. economy. The August report shows an extremely tight … Continue reading

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It’s the Pandemic Stupid!

Popular Economics Weekly Economists are beginning to say enough is enough. The Fed might continue to pause from another rate hike in their November FOMC meeting because the latest inflation data show a continued decline, but not in December. “Although … Continue reading

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What is Normal Inflation?

Financial FAQs I have found support for my contention that the Fed should be done with raising interest rates and in fact drop them sooner rather than later, or we will see a full-blown recession. Campbell Harvey, a Duke University … Continue reading

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When a Return to Normal?

Financial FAQs FREDfedfunds There is so much confusion in the financial markets, as well as with consumers, over what comes next and little history to compare because we are recovering from a world-wide pandemic, the first one since the Spanish … Continue reading

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No More Rate Hikes?

Popular Economics Weekly NBER.org The latest inflation data make it almost unanimous: Chairman Powell, leading economists and even his Fed Governors are saying the Federal Reserve Governors may not raise interest rates again this year, or even next year. Why? … Continue reading

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Why the Inflation Confusion–Part II

Financial FAQs FREDcpi Americans want to blame someone for the post-pandemic inflation surge, according to most polls. Yet when in our history has it been a real problem affecting serious economic growth? Consumer prices rose again in August to reach … Continue reading

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Consumer Services Show Growth Rebound

Popular Economics Weekly TradingEconomics Why are the likes of Goldman Sachs chief economist Jan Hatzius predicting no looming recession and better economic growth ahead? It’s partly because of Bidenomics, the boost to growth that the infusion of $billions into renewal … Continue reading

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Here’s to a Return of Normal – Part II

Popular Economics Weekly MarketWatch Another unemployment report confirms the US economy is returning to normal, and Americans can breathe easier about the danger of a recession. By that I mean adding a more normal 187,000 new jobs in July is … Continue reading

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Why the Inflation Confusion?

Financial FAQs BEA.gov Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023, according to the “second” estimate just released by the Bureau of Economic Analysis (BEA). In the first quarter, real … Continue reading

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No More Rate Hikes?

Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report by the BLS shows there are still a lot of job openings, but that should continue to decline from the post-pandemic high of 12 million job … Continue reading

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