New Normal or No Normal? How Economists Got It Wrong for 3 Years.
https://www.nytimes.com/2023/10/24/business/economy/economy-interest-rates-inflation.html
Economists first underestimated inflation, then underestimated consumers and the labor market. The key question is why.
https://www.nytimes.com/2023/10/24/business/economy/economy-interest-rates-inflation.html
Economists first underestimated inflation, then underestimated consumers and the labor market. The key question is why.
The Price of Money Is Going Up, and It’s Not
Because of the Fed
https://www.bloomberg.com/news/articles/2023-10-19/why-the-price-of-money-is-going-to-stay-high-for-decades
A model devised by Bloomberg Economics that looks as far out as 2050 shows Treasury yields may stay as high as 6%.
https://www.bloomberg.com/news/articles/2023-10-19/why-the-price-of-money-is-going-to-stay-high-for-decades
A model devised by Bloomberg Economics that looks as far out as 2050 shows Treasury yields may stay as high as 6%.
MY TAKE:
Traditional recession indicators have misfired — are we in for a sneaky recession?
Did we just dodge a recession?
https://thehill.com/opinion/finance/4024671-did-we-just-dodge-a-recession/
https://thehill.com/opinion/finance/4024671-did-we-just-dodge-a-recession/
Will the ‘Great Moderation’ Give Way to the ‘Great Volatility’? By VIVEKANAND JAYAKUMAR
https://www.ut.edu/uploadedFiles/Academics/Business/TBESpring2023_Final.pdf
https://www.ut.edu/uploadedFiles/Academics/Business/TBESpring2023_Final.pdf