by sslifer | Sep 20, 2024 | Commentary for the Week, NumberNomics Notes
September 20, 2023 The financial press has been filled with analysis (and over analysis) of the Fed’s decision to the cut federal funds rate by 0.5% to 4.75-5.0%. Some economic experts suggest that the economy must be far weaker than the Fed is suggesting publicly to...
by sslifer | Sep 13, 2024 | Commentary for the Week, NumberNomics Notes
September 13, 2024 One of the mysteries of the current expansion has been the contrast between consumer confidence – which is terrible – and consumer spending – which is not. All of the various consumer confidence surveys are close to the low point reached in the...
by sslifer | Sep 6, 2024 | Commentary for the Week, NumberNomics Notes
September 6, 2024 The employment report for August was the icing on the cake. The labor market continues to cool. The Fed is going to lower the funds rate at its FOMC gathering on September 18. It will most likely be a 0.25% cut to the 5.0-5.25% range. But some...
by sslifer | Aug 30, 2024 | Commentary for the Week, NumberNomics Notes
August 30, 2024 Economists have a nagging concern that the economy could be teetering on the brink of a recession. They note several potential difficulties. Consumers are worried about the outcome of the election and the possibility of higher tax rates in the years...
by sslifer | Aug 29, 2024 | Miscellaneous
August 29, 2024 Corporate profits from current production (corporate profits before tax with inventory valuation and capital consumption adjustments) rose by $57.6 billion in the second quarter which works out to an annualized rate of increase of 7.0% after after...
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