On the same day, the BLS revealed that we've recovered all the jobs lost to COVID-19 and I am raising my sixth recession red flag. The...
What does it mean to get a positive job report with all the talk about a recession? Let's look at the data in relation to recession...
Last week, the market encountered a sudden shift for the good. The ongoing narrative of higher inflation, fears of recession and Fed rate hikes gave way...
Some people believed we entered a recession at the start of 2022; however, the jobs report for May came in at 390,000, dashing their hopes. The...
Big Tech, Merchants, and a Range of Data and Fintech Firms Now Account for 35% of the Value of the Financial Services Industry, According to Oliver...
President-elect Joe Biden will face serious fiscal policy challenges as soon as he takes office. A hoped-for V-shaped recovery from the Covid-19 pandemic...
This week, our experts are looking at the major trends in post-crisis globalisation.
Green, social and sustainability bonds provide financial support for projects and activities that have a positive impact on the environment and/or society....
Goldman's Hatzius: Can US Consumers Weather Commodity-Shock-Driven Recessionary Impulse? Goldman Sachs chief economist Jan Hatzius told clients...
Some of the biggest risks facing the world today are erosion of social cohesion, growing rivalries and environmental crises. And risks can rapidly become...
The World Bank's latest World Development Report emphasizes that the COVID-19 pandemic was a truly global economic shock, in the sense that a greater share...
One of the U.S. government’s most popular recent programs is the Paycheck Protection Program, or PPP. Congress authorized $800 billion for PPP to provide loans to...
The Occupational Safety and Health Administration (OSHA) has proposed an emergency temporary standard (ETS) for employers to cope with the health dangers posed by COVID-19.
Starting in 2010, a new wave of debt accumulation—the “fourth wave” of debt—had been underway in emerging market and developing economies (EMDEs, Figure 1). With the...
Transitory or persistent? That’s still the big question facing central bankers over inflation.
JPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away Last week, when discussing the latest Bank of America Fund Manager Survey,...
Because the COVID-19 pandemic and ensuing recession led to skyrocketing unemployment rates in early 2020, 23 states were forced to take out federal loans to continue...
In previous work, Adam Hersh highlighted how the Infrastructure Investment and Jobs Act (IIJA) and the Build Back Better Act (BBBA) could provide a backstop against...
UK Faces 'Plan B' Peril: COVID Multiplies The Economic Threat Authored by Bill Blain via MorningPorridge.com, “T’was the best of times, t’was the worst of times...
The “Rebirth of 1800 St. Bernard” took place last year on a chilly December day by New Orleans standards. Attendees wore protective masks and socially distanced—a...
October 21 is Latina Equal Pay Day. Last year, a typical Latina worker who worked full-time, year-round earned only 57 cents for every dollar earned by...
The Bureau of Labor Statistics’ September jobs report, released last week, showed a decrease of 0.4 percentage points in the U.S. unemployment rate, from 5.2% in...
Nomura Fears 'Hawkish Surprise' In Dot-Plot As 'Vol Expansion' Window Closes Is history going to repeat itself today? The last time the US equity market 'hiccupped'...
El Erian: Time's Running Out For The Fed Authored by Mohamed El-Erian, op-ed via Bloomberg.com, The central bank should start pulling back on its $120 billion...
The Census Bureau report on income, poverty, and health insurance coverage in 2020 reveals an expected shock to median household income relative to 2019 resulting from...
More than cliches for lazy journalists, ‘snowclones’ are creative devices that have helped people digest the shock of the pandemic a little better.
Anyone who has been following the U.S. monthly economic data lately has noticed that the rate of inflation has been rising over the past year as...
The Brutal Truths About UK Housing Authored by Bill Blain via MorningPorridge.com, “Never live more than 15 minutes away from a pizza shop.” The UK housing...
Luis Garicano has just posted a very interesting free e-book, "Capitalism after covid: Conversations with 21 economists." I was honored to be one of his interviewees,...
Visualizing The History Of US Inflation Over 100 Years Is inflation rising? The consumer price index (CPI), an index used as a proxy for inflation in...