Mixed messages continue to flood the digital airwaves as commentators, bankers, investment fund managers and others argue whether the Fed’s rate hikes were too high or not and whether we’ll have a recession. The saving grace they keep returning to is “but the economy still looks…
The US inflation challenge is like the train wreck you can’t turn your eyes from. Of course, for us Americans, it’s also an immediate day-to-day concern…
As I settle in Europe for most of this summer, I can’t help but be reminded that, all things considered, the US is still in better shape than most of…
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Some people have asked about the NBER’s official call on recessions. As I mentioned in “Recession Obsession”, in the United States, the National Bureau…
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Are we in a recession yet? How about now? Now, now…how ‘bout now? Everyone suddenly seems obsessed with a recession like kids in the back seat of the…
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Inflation is at the top of everyone’s mind. Until you live with inflation, you don’t really understand it and you definitely don’t fully appreciate how…
The US trade deficit is getting worse and rapidly so. This trend started with Covid and got much worse over the last 12 months. This isn’t necessarily a…
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Well I was honestly a little disappointed with the Fed’s decision this past week week and with Chair Powell’s press conference announcing the decision…
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Global Economics