DOE Can Buy More Oil: A Roadmap for Maximizing Acquisition
Introduction On Friday, the Biden Administration announced that its October solicitation for crude oil had successfully closed with the acquisition of 2.7 million barrels of oil for delivery in January 2024, while simultaneously announcing a new 3-million-barrel solicitation for delivery in...
October Core-Cast Post-PCE: The Good News Keeps Coming In And Accelerates The Potential Timeline For Cuts
Core-Cast is our nowcasting model to track the Fed's preferred inflation gauges before and through their release date. The heatmaps below give a comprehensive view of...
October Inflation Preview: A Data Release That Can Dictate The Future of The Hiking (& Easing?) Cycles
Summary Core-Cast is our nowcasting model to track the Fed's preferred inflation gauges before and through their release date. The heatmaps below give a comprehensive view...
In The Right Context, Full Employment Can Support A Pickup In Productivity
Summary Amidst all of the understandable concern with inflation and recession risks, the evidence continues to foretell a welcome inflection point on the horizon—a rare procyclical upturn...
Labor Market Recap: The Risks are Shifting
The labor market is really softening now.
