by sslifer | Sep 24, 2021 | Commentary for the Week, NumberNomics Notes
September 24, 2021 The Fed has extended its economic outlook through 2024. It expects GDP growth to slow gradually in each of the next few years. It is sticking with its story that the currently elevated inflation rate is transitory and will return to its 2.0%...
by sslifer | Sep 24, 2021 | Commentary for the Week, NumberNomics Notes
September 24, 2021 The CDC tell us that 60 million adults remain unvaccinated. The reasons vary. Some worry that the vaccine has not been sufficiently tested. Others are concerned about side effects. Some do not trust the government. Others simply do not want...
by sslifer | Sep 17, 2021 | Commentary for the Week, NumberNomics Notes
September 17, 2021 We continue to be struck by economists’ perpetual fear that a recession or substantially slower growth is just around the corner. If a weak economic indicator is released they tell us that our fear of contracting COVID is preventing us from...
by sslifer | Sep 10, 2021 | Commentary for the Week, NumberNomics Notes
September 10, 2021 With each additional tidbit of data economists and market participants reevaluate the timing and speed with which the Fed will “taper” its monthly purchases of securities. It is true, that reducing its securities purchases represents the beginning...
by sslifer | Sep 3, 2021 | Commentary for the Week, NumberNomics Notes
September 3, 2021 Payroll employment rose 243 thousand in August which was considerably smaller than the 750 thousand increase that had been expected. The boo-birds jumped on that small gain to suggest that the rising number of COVID cases has stopped the economy...
by sslifer | Aug 27, 2021 | Commentary for the Week, NumberNomics Notes
August 27, 2021 Inflation is an important ingredient in determining Fed policy. The core personal consumption expenditures deflator on average climbed about 0.5% slower than the Fed’s 2.0% target for a decade. It has recently accelerated and in the past twelve...
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