by sslifer | Aug 7, 2020 | Commentary for the Week, NumberNomics Notes
August 7, 2020 After shrinking by 32.9% in the second quarter we all want to know the extent of the GDP rebound in the third quarter. Is the economy recovering nicely? Or was its recent rebound buoyed by the $1,200 refund checks which means the economy could stall...
by sslifer | Jul 24, 2020 | Commentary for the Week, NumberNomics Notes
July 24, 2020 Our policy makers in Washington are talking about another stimulus bill of $1.0-3.0 trillion. But the economy does not need the help. Every economic indicator has rebounded vigorously. Third quarter GDP growth should be roughly the same magnitude as...
by sslifer | Jul 17, 2020 | Commentary for the Week, NumberNomics Notes
July 17, 2020 Everyone remains concerned about the more rapid pace of spread of the virus. But economists are being far too pessimistic. What killed the economy in the second quarter was our country’s response to the virus rather than the virus itself. The...
by sslifer | Sep 14, 2018 | Commentary for the Week, NumberNomics Notes
September 14, 2018 We have heard about Hurricane Florence for weeks. The good news is that it did not come ashore as the Category 4 or possibly Category 5 storm that had been feared early in the month. Rather, it hit Wilmington as a Category 1 storm. The bad news...
by sslifer | Jul 13, 2018 | Commentary for the Week, NumberNomics Notes
July 13, 2018 Two weeks from today we will get our first look at second quarter GDP growth. It appears to be somewhere around the 4.0% mark. We can see the headlines already. “Economy Gathers Momentum in the Second Quarter”, “Inflation Soon to Rise”, “Rapid Growth...
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