by sslifer | May 23, 2025 | Commentary for the Week, NumberNomics Notes
May 23, 2025 All of a sudden the issue of tariffs has yielded to concern about budget deficits, debt, and rising interest rates. The catalyst for the change in focus was the combination of the credit rating downgrade of Treasury debt by Moody’s, and the 2025 budget...
by sslifer | May 16, 2025 | Commentary for the Week, NumberNomics Notes
May 16, 2025 It appears that Trump’s recent tariff relief will continue for some time to come. While the reprieve is only guaranteed for 90 days, it is likely that upon expiration of the 90-day period the lower tariffs will be extended until such time as a permanent...
by sslifer | May 9, 2025 | Commentary for the Week, NumberNomics Notes
May 9, 2025 The tariffs imposed by the U.S. and the countermeasures employed by its trading partners are a hot topic of discussion amongst economists, business leaders, consumers, and investors in the U.S. While estimates of the magnitude, breadth, and duration of...
by sslifer | May 2, 2025 | Commentary for the Week, NumberNomics Notes
May 2, 2025 The imposition of tariffs is causing massive distortions in the data. First quarter GDP declined 0.3%, but to get goods into the country prior to the imposition of tariffs in early April imports surged, subtracted a massive amount from GDP growth in that...
by sslifer | Apr 25, 2025 | Commentary for the Week, NumberNomics Notes
April 25, 2025 Fed bashing is back. A week ago Trump’s economic advisor, Kevin Hassett, said that the administration was studying options to remove Powell. Ouch! On Monday Trump managed to spook the markets when he called for preemptive rate cuts by the Fed...
by sslifer | Apr 18, 2025 | Commentary for the Week, NumberNomics Notes
April 18, 2025 One can justify almost any forecast of the economic environment between now and yearend from recession with a big increase in the unemployment rate and a dramatic pickup in the inflation rate, to moderate growth with a slight pickup in inflation and a...
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