The Argument for a Recession is Built on Weak Links: Inflation, Vacancies and Unemployment
This is the second piece of our vacancies series. In this piece, we refute specific vacancy-backed arguments that the Federal Reserve will need to engineer a recession in order to bring inflation under control.
Contingent Supply: Designing an SPR Put Facility To Maximize Domestic Oil Production
As the Biden Administration considers actions to lower oil prices (particularly in wake of the recent OPEC+ production cut), it can and should make every effort to boost domestic oil production.
Contingent Supply: The SPR Is More Equipped Than Ever to Stabilize Oil Prices
This is the second piece in our Contingent Supply series, which looks at the operational requirements, financial needs, and economic opportunities involved in using the SPR to stabilize oil markets.
Contingent Supply: The SPR in The Current Moment
Recent developments in oil markets show how important it is to follow through on the second half of the SPR strategy.
A Vacant Metric: Why Job Openings Are So Unreliable
The Federal Reserve has given job vacancy data center stage in assessing the strength of the labor market. The theoretical and empirical issues with vacancies data show that this is a mistake.
