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Employment Surges – Fed Poised to Raise Rates

by sslifer | Sep 4, 2026 | Commentary for the Week, NumberNomics Notes

September 4, 2026 If there was any doubt previously, the employment report appears to have given the Fed a green light to raise rates at their next meeting on September 15-16. The 162 thousand increase in payroll employment for August was higher than the consensus...

Long Rates Have Risen Sharply.  The New Normal?

by sslifer | Aug 12, 2026 | Commentary for the Week, NumberNomics Notes

August 12, 2026 There has been a lot of discussion about the recent increase in the yield on the 10-year note.  It has climbed from 4.1% in February to 4.6% currently.  Is it being driven by inflation fears?  Or are supply issues by the U. S. Treasury combined with...

Where Did All the Workers Go?

by sslifer | Aug 7, 2026 | Commentary for the Week, NumberNomics Notes

August 7, 2026 The Bureau of Labor Statistics reported that payroll employment declined 23 thousand in July.  That was totally unexpected.  At the same time the unemployment rate declined 0.1% to 4.1%.  These somewhat surprising results came about because the foreign...

GDP Growth — Not as Soft as it Seems

by sslifer | Jul 31, 2026 | Commentary for the Week, NumberNomics Notes

July 31, 2026 This week we learned that second quarter GDP growth was 1.5% which was somewhat below the expected 2.0% pace. This was widely interpreted as confirmation that the economy is still slogging along at a subpar pace. Our spin is somewhat different. Second...

Decision Time  – What To Do?

by sslifer | Jul 21, 2026 | Commentary for the Week, NumberNomics Notes

July 24, 2026 The Federal Reserve meets again this coming week to set monetary policy for the next six weeks.  Most economists expect the Fed to hold rates steady at this meeting but pave the way for a 0.25% rate hike in September.  Maybe.  But we are leaning toward a...

Housing – The Struggle Continues

by sslifer | Jul 17, 2026 | Commentary for the Week, NumberNomics Notes

July 17, 2026 The economy seems to be chugging along at a respectable pace.  The consumer continues to spend at  moderate pace.  With the buildout of artificial intelligence investment spending is soaring.  The one sector that is struggling is housing.  Between the...
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