by sslifer | Apr 3, 2020 | Commentary for the Week, NumberNomics Notes
April 3, 2020 The employment report for March showed a much larger job loss than had been expected as payroll employment declined 701 thousand. However, the bulk of the impact lies ahead. For what it is worth, we expect payroll employment to shrink by 5 million...
by sslifer | Mar 27, 2020 | Commentary for the Week, NumberNomics Notes
March 27, 2020 The quote came from FDR’s first inaugural address in January 1933 as the depression reached its depth. As we find our way through the minefield of difficulties created by the corona virus, we believe that we are paralyzed by unjustified terror. We are...
by sslifer | Mar 20, 2020 | Commentary for the Week, NumberNomics Notes
March 20, 2020 Our government officials in Washington as well as state and local leaders have mounted an all out effort to prevent the spread of the corona virus. That action has stopped the economy dead in its tracks and will almost certainly result in a deep but...
by sslifer | Mar 13, 2020 | Commentary for the Week, NumberNomics Notes
March 13, 2019 Our policy makers in Washington are unable to stem the tide. But corporations as well as state and local governments are making changes that are sure to bring this virus under control in a relatively short period of time. We continue to believe that...
by sslifer | Mar 6, 2020 | Commentary for the Week, NumberNomics Notes
March 6, 2019 Judging from the mainstream media, health care experts, politicians on both sides of the aisle, economists, and market participants, the corona virus has become a pandemic that is going to crush the global economy for an extended period of time. They...
by sslifer | Feb 28, 2020 | Commentary for the Week, NumberNomics Notes
February 28, 2020 The stock market has plunged 14% since reaching a record high level on Valentine’s Day. Such a precipitous decline in nine business days is unnerving. It makes economists consider lowering their GDP growth forecasts. It makes investors contemplate...
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