by sslifer | Feb 25, 2022 | Commentary for the Week, NumberNomics Notes
February 25, 2022 Let’s be real. Nobody knows exactly what is going to happen next in the war between Russia and Ukraine. But a couple of things seem obvious. Russia appears to be handily dismissing its Ukraine rivals. Europe and the U.S. continue to do what they...
by sslifer | Nov 20, 2020 | Commentary for the Week, NumberNomics Notes
November 20, 2020 Many economists and the media have developed a narrative that says the economy’s rebound in the third quarter was caused by the stimulus checks, stimulus will only provide a temporary lift to the pace of economic activity and, as a result, fourth...
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 | 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. ...
by sslifer | Sep 4, 2020 | Commentary for the Week, NumberNomics Notes
September 4, 2020 The economy continues to recover far more quickly than most economists had expected. Previously, we expected a GDP rebound in the third quarter of 28%. The consensus was for an increase of about 15.0%. We remain at 28% but the Atlanta Fed just...
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