by sslifer | Oct 2, 2020 | Commentary for the Week, NumberNomics Notes
October 2, 2020 With the president and some of his aides having contracted the corona virus, the number of balls in the air has increased. How sick will he get? Will he be able to continue campaigning? Could this change the outcome of the election in November? ...
by sslifer | Sep 25, 2020 | Commentary for the Week, NumberNomics Notes
September 25, 2020 Economists often use the Fed’s forecasts as a benchmark for their own. And why not? The Federal Reserve system has more than 1,000 of the smartest economists in the business. They have the bodies to closely analyze every aspect of the economy. ...
by sslifer | Sep 18, 2020 | Commentary for the Week, NumberNomics Notes
September 18, 2020 The dollar has been declining for the past several months. Some economists suggest that the decline reflects concern about the yawning budget deficit which will widen to $3,3 trillion this year and the associated increase in Treasury debt...
by sslifer | Sep 11, 2020 | Commentary for the Week, NumberNomics Notes
September 11, 2020 The Congressional Budget Office recently released its updated 10-year budget forecast. The budget deficit for the current fiscal year will be $3.3 trillion. It remains in excess of $1.0 trillion every year between now and 2030. Each year that the...
by sslifer | Sep 11, 2020 | Commentary for the Week, NumberNomics Notes
As I sit here at my desk this morning, I remember that I was doing the same thing at 8:46 a.m. on September 11, 2001 — sitting in my Lehman Brothers office on the 10th floor of the American Express Tower of the World Financial Center checking the screens trying...
by sslifer | Sep 4, 2020 | Commentary for the Week, NumberNomics Notes
September 4, 2020 The economy continues to recover far more quickly than most economists had expected. Previously, we expected a GDP rebound in the third quarter of 28%. The consensus was for an increase of about 15.0%. We remain at 28% but the Atlanta Fed just...
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