Calafia Beach Pundit
Scottgrannis Blogspot. In my economic slowdown post a month ago I was generally upbeat, but I worried about the slowdown in job creation. Those worries...
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In my economic slowdown post a month ago I was generally upbeat, but I worried about the slowdown in job creation. Those worries faded with a strong January jobs number. The US economy is ok: credit s...
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Calafia Beach Pundit: Still more encouraging signs
"FDR's Folly" -Jim Powell "I Am John Galt" -Don Luskin "Panic" -Andrew Redleaf and Richard Vigilante "Parliament of Whores" -P.J. O'Rourke "Popular Economics" -John Tamny "The Financial Crisis and the...
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Calafia Beach Pundit: Recession risk is very low, but inflation risk is high
The Fed, not supply chain bottlenecks, is to blame for a significant rise in inflation. If the Fed were targeting low and stable inflation c...
Scottgrannis.blogspot.com news digest
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6 days
I've only recently returned from several weeks in Argentina. I didn't have access to my charts, and besides, I was rather more interested in people, food, and wine than in blogging. Time now to catch up on the market's latest focus: Is inflation still...
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19 days
Before you read this post, please first read this post from 18 months ago. We are back in Argentina, and there have been some notable changes since our last visit.By far the most significant change is Argentina's new President, Javier Milei. He's a libertarian...
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21 days
Moderate growth and disinflation still alive and well
A quick update to focus on some market-moving stats released today.Chart #1Chart #1 shows the results of the March survey of purchasing managers in the service sector (by far the largest part of the economy). It is consistent with the view I've maintained...
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29 days
Today the Fed released the February money supply data, and there were no unwelcome surprises. M2 continues to shrink relative to the economy, and that's the reason inflation is likely to continue to fall. Chart #1Chart #1 shows the recent history of...
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| Updated: | June 29, 2023 |
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