This is chaos.
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The Economy in Context: July 2020
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The Economy in Context: June (and May) 2020
How do we compare these numbers to anything approximating a functioning economy?
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The Economy in Context: March 2020
While the job numbers indicate a fairly normal uptick in jobs created, other key numbers remain weak, and the corvid-19 pandemic threat to international markets continues to grow.
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The Economy in Context: February 2020
Donald Trump is on track to be the first US president in American history to oversee an economy that doesn't reach a very modest 4% GDP growth for even a single quarter during his entire term in office.
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The Economy in Context: January 2020
...[T]he state of the economy remains very much in question, particularly where the job creation market is concerned.
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The Economy in Context: December 2019
2019 will be the weakest year for job creation of the Trump presidency.
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The Economy in Context: November 2019
The economy is not in the best of shape presently, and this becomes even more obvious the more the administration tries to pressure the Federal Reserve Board to further lower interest rates, and yet the pundits continue to claim that things are going well.
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The Economy in Context: October 2019
One thing is for sure, this isn't the rapid growth economy we were sold.
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The Economy in Context: September 2019
By every objective measure, the economy has been at best mediocre, and, when compared to the performance of the economy since Reagan, this economy has been flaccid, especially in 2019.
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The Economy in Context: August 2019
The current administration is desperate to have American voters believe their blatant mediocrity is somehow better than the blatant mediocrity of the prior administration...
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The Economy in Context: July 2019
This economy isn't "better", and it sure as Hell isn't "great".
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The Economy in Context: June 2019
Bragging about a 3.6% unemployment rate with 62.8% labor force participation is like bragging about how well a cupcake fits in a ring box. No one wants that cupcake or the ring box.
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The Economy in Context: May 2019
Is this a healthy economy?
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The Economy in Context: April 2019
There are a lot of indications, not least of which the rhetoric coming out of the White House, that the economy is not as strong as has been sold.
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The Economy in Context: March 2019
The only thing keeping the United States economy out of a significant recession have been low interest rates...
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What’s the Federal Funds Rate Telling Us?
There are some fairly unusual things about the economy in the Trump Era, that are reminiscent, albeit opposite, of the Carter Era.
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A Short Word: Trump’s Fed Folly
Donald Trump whined about the Federal Reserve doing what it has to do to cut off rising inflation rates...
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The End Of The Bad Old Days
While the economy continues to churn along even into 2018, well beyond what I had predicted, two recent events indicate that the gravy train may finally be coming to a long overdue halt.
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The Economics Quarterly: July 2018
While the quarterly GDP growth rate hasn't been below 2.0% since the first quarter of 2017, it also hasn't been above 5.0% since the second quarter of 2014, and it's a long way from the 7.0% rate in the third quarter of 2003.
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The Economics Quarterly: April 2018
The economy continues to roll ahead however isn't without blemishes.
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The Economics Quarterly: 2017Q3
With the end of easy money, and the Federal Reserve looking to balance their books, there may be a tightening of capital in the very near future as that $4.5 trillion tab gets cleared.
Liberty is For The Win 