Three Motivations for Interest Rate Normalization: A Playbook for Fed Policy in 2024
What steps should the Fed take to preserve the hard-earned recovery in the labor market? We present a path for the Fed in 2024.
Supply Side
12 postsIn 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...
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...
Paid-members
Supply-Side Data Recap
In every month of the past twelve months, public spending on construction increased. This has never happened before in this dataset, and it is double the next-longest period of continuous increase.
The Investment Picture: October 2023
What a great GDP print. 8.5% nominal growth, and 4.9% inflation-adjusted on the first revision.
