by sslifer | Nov 19, 2024 | Commentary for the Week, NumberNomics Notes
2025 Economic Outlook Conference In times of uncertainty whether you are running a business or planning your investments, knowledge can be your most valuable asset. Stephen Slifer, Owner and Chief Economist at NumberNomics will provide insight regarding...
by sslifer | Nov 15, 2024 | Commentary for the Week, NumberNomics Notes
November 15, 2024 The retail sales data for October combined with upwards revisions to September indicate that the consumer is still willing to spend. That is not a great surprise. Driven by the rapid ascent of the stock market and surging home prices, consumer net...
by sslifer | Nov 8, 2024 | Commentary for the Week, NumberNomics Notes
November 8, 2024 When asked about their level of confidence consumers often highlight inflation as a major concern. When inflation began to rise in mid-2020 Fed Chair Powell told us not to worry because the run-up in prices would be temporary. That led us to...
by sslifer | Nov 1, 2024 | Commentary for the Week, NumberNomics Notes
November 1, 2024 Inflation fears have permeated the bond market as the yield on the 10-year note has risen 0.7% since mid-September. This dramatic increase seems to reflect inflation concerns stemming from the policies advocated by both presidential candidates. ...
by sslifer | Oct 24, 2024 | Commentary for the Week, NumberNomics Notes
October 25, 2024 On Thursday we will get our first look at third quarter GDP growth. The Atlanta Fed’s GDPNow forecast suggests it will be 3.4%. But we know from the employment report that hours worked in the quarter edged up by just 0.2% which suggests that GDP...
by sslifer | Oct 18, 2024 | Commentary for the Week, NumberNomics Notes
October 18, 2024 Fiscal year 2024 ended with a yawning budget gap of $1.9 trillion. Another $1.9 trillion was added to the already record amount of debt outstanding with much more to come. The baseline deficit projections from the Congressional Budget Office do not...
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