Economy
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Stablecoins As a Rorschach Test
I haven’t been following the development of stablecoins, both before and after the signing into law of the so-called “GENIUS…
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SecTrsy Bessent: “The American people don’t know how good they have it.”
From AOL: … I think the average Americans, they are hearing a lot from media coverage. And I will tell…
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Trump’s Economic Team – cont’d
Follow up to this post, quote from Politico, Administration re: Hassett to Fed: One former ally, who was granted anonymity…
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Guest Contribution: “How Geopolitical Tensions Could Shape France’s Inflation Outlook”
Today, we’re pleased to present a guest contribution by Laurent Ferrara (Professor of Economics at Skema Business School, Paris and Chair…
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Business Cycle Indicators: Series at or Below Prior Peak
With September personal income and spending, we have new insights into whether we’re close or after the business cycle peak.…
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Confidence Down in November, (preliminary) Sentiment (Slightly) Up in December
U.Mich on December, Gallup on November: Figure 1: U.Michigan Economic Sentiment (blue), Conference Board Confidence Index (brown), Gallup…
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Instantaneous PCE Core Inflation at 2.6%
Compare to 2.8% y/y, 2.7% q/q AR. Figure 1: Instantaneous inflation (T=12,a=4) for core CPI (blue), core…
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Deceleration in Nowcasted Final Sales to Private Domestic Purchasers, GDP
From Atlanta Fed today: Source link
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National Security Tariffs (Sec 232) on Toilet Paper?
Not literally, but on wood pulp used for TP? Implicitly, SecTreas Bessent is suggesting that if the…
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Manufacturing Employment, Hours Going Down
Manufacturing (gross) production up (until September). Figure 1: BLS manufacturing employment, implied preliminary benchmark (blue), ADP manufacturing…
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