Core Services Ex Housing
165 posts
Paid-members
Watch For Takeoff in Aircraft Investment
Lately, everyone has been looking closely for reliable recession indicators. We have been as well, but when we look at the overall labor market and investment picture, more and more things seem to be saying “No Recession.”
May Core-Cast Post-PCE - Confirming The Nowcast: Core Services Ex Housing Is Finally 'Cooperating' With Fed Goals
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...
Wage Passthrough to Prices is Minimal and Abating
Throughout the pandemic recovery, high inflation has been attributed to tight labor markets and high wage growth. Fed officials have, for months, maintained that the labor market needs...
