by sslifer | Oct 30, 2020 | Commentary for the Week, NumberNomics Notes
October 3o, 2020 As the corona virus begins to spread more rapidly, the stock market is fretting about the possible re-imposition of a nationwide quarantine like what France and Germany just did. That would be a disastrous policy choice. A second quarantine would...
by sslifer | Oct 23, 2020 | Commentary for the Week, NumberNomics Notes
October 23, 2020 With every passing week the pace of economic activity remains robust. Signs of the long-awaited slowdown are elusive. While logic suggests that the economy should sputter as fiscal stimulus abates, the incoming data suggest otherwise. The labor...
by sslifer | Oct 16, 2020 | Commentary for the Week, NumberNomics Notes
October 16, 2020 The Federal Reserve has two goals –full employment and a 2.0% inflation rate. In the past those two goals were weighted equally. But in September the Fed said that with so many people still unemployed, its focus will be on achieving full employment...
by sslifer | Oct 9, 2020 | Commentary for the Week, NumberNomics Notes
October 9, 2020 More fiscal stimulus seems inevitable. Underlying this apparent need for more government spending is an assumption that the economy will soften dramatically in the months ahead. But is that really true? Economists have grossly underestimated both...
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. ...
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