Jun 5, 2020
Lots Of Green Shoots
Economic fundamentals are definitely on the mend. It's no wonder stocks are rising nearly everywhere: the virus is burning out and lockdown...
May 28, 2020
Monetary Expansion Argentina-Style
We are definitely sailing in uncharted monetary waters. In all of US history we've never come even close to today's monetary environment. Ch...
May 5, 2020
The Minimum Wage Is Now $25 Per Hour
Congress has effectively raised the minimum wage to $25/hr. by boosting weekly unemployment checks by $600/wk through the end of July.
Apr 29, 2020
Things Are Looking Up
The Covid-19 crisis is not over yet, but the light at the end of the tunnel is getting much brighter.
Apr 27, 2020
This Intolerable Shut-Down Must End
Chart #1 Chart #1 shows what I estimate the total loss of private sector jobs has been since most of the country went into lockdown...
Apr 21, 2020
Welcome To The Real World, Politicians
FINALLY, politicians are realizing that the shutdown of the US economy is a huge disaster.
Apr 15, 2020
The Crisis Is Over But At A Terrible Cost
To date, the most consequential result of this novel coronavirus has come from the hand of government, thanks to multiple decrees from gover...
Mar 19, 2020
Recession + Deflation = Real Panic
What's worse: a steep recession or falling prices? Answer: A steep recession AND falling prices.
Mar 2, 2020
The Fed Needs To Cut Rates by 50 bps
The demand for money has surged and the Fed should accomodate it.
Feb 27, 2020
Quantifying The Pandemic Panic
The Coronavirus (Covid-19) is spreading, and panic is spreading throughout global markets.
Jan 7, 2020
Federal Debt Is Not A Threat To The US Economy
The Federal debt burden is actually historically low.
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