Economics
Macro Briefing: 8 September 2023
* Biden’s options limited for preventing possible strike by auto workers * Biden arrives at G20 meeting in India today–closer US-India ties on agenda…
* Biden’s options limited for preventing possible strike by auto workers
* Biden arrives at G20 meeting in India today–closer US-India ties on agenda
* The record-long slide in 1yr US home prices may be over
* Small- and mid-size business optimism rises to 21-Year High
* US banking industry “continues to face significant downside risks”: FDIC chair
* China’s currency falls to 16-year low vs. the US dollar
* Solar installations in US expected to reach record level this year
* US jobless claims fell to 7-month low last week:
Chicago Fed CEO Austan Goolsbee says the US may be on a “golden path” that tames inflation without materially damaging the robust labor market. Speaking with Marketplace.org on Thursday, he explained: “It’s possible we could get on the golden path, it’s not a guarantee. But the golden path would be almost unprecedented to get inflation down a lot without having a serious recession. That will be a triumph, the Fed and other central banks around the world have virtually never been able to do that. But I do think at this moment, we might be able to. Monetary policy’s working, that’s certainly what we’re trying to shoot for.”
dollar
inflation
monetary
policy
fed
us dollar
monetary policy
Argentina Is One of the Most Regulated Countries in the World
In the coming days and weeks, we can expect further, far‐reaching reform proposals that will go through the Argentine congress.
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
A weird week of macro data – strong jobless claims but…
Fed Pivot: A Blend of Confidence and Folly
Fed Pivot: Charting a New Course in Economic Strategy Dec 22, 2023 Introduction In the dynamic world of economics, the Federal Reserve, the central bank…
