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Category Archives: Economics
COTD: Pity the I-Bankers and Lawyers
Can this be true? Blue collar wages outpacing white collar over the past two years? Fake data? Just yankin’ your Markov chain! “Though only a few industries accounted for much of the recent acceleration in AHE [average hourly earnings], it … Continue reading
COTD: Size of U.S. Economy v Europe
Source: Independent
Quote of the Day: Underfunded California Pensions
If the Dodgers fall short, though, fans will be merely disappointed. If CalPERS or CalSTRS falls short, those same fans (and everyone else in California) will have to pay extra to make up the shortfall. – Reason.com
The Resurgence of the State in the Chinese Economy? – PIIE
Probably one of the most productive hours you will spend all year understanding the Chinese economy. The Peterson Institute is very good. . Published on Feb 7, 2017 PIIE experts assess the degree of resurgence of the state in the … Continue reading
U.S. GDP: The Real Estate Economy
Interesting data that even surprised us. The real estate sector is now the largest sector of U.S. economy. Real estate is a sub-category of the BEA’s industry group, Finance, insurance, real estate, rental, and leasing. Could it be one of … Continue reading
The Proposed Border Tax’s Costs Outstrip Its Benefits – PIIE
Published on Feb 7, 2017 Adam S. Posen outlines the potential gains from a proposed corporate tax overhaul but says the costs, especially to lower income groups, outweigh the benefits. .
COTD: Trade With Mexico
(COTD = Chart of the Day)
“Good Trump” Catapults Dow To 20K As “Bad Trump” Lurks
Party on, Garth! The Dow crossed 20k as the market perceives accelerated future profit growth from the “Good Trump” policies – deregulation, etc. – and traders surf the Keystone pipeline to higher prices. The momentum will continue until it … Continue reading
QOTD: IMF Economic Forecast
There is thus a wider than usual range of upside and downside risks to this forecast. A sustained non-inflationary growth increase, marked by higher labor force participation and significant expansion of the U.S. capital stock and infrastructure, would allow a … Continue reading
Posted in Economics, Uncategorized
Tagged IMF, Inflatiion, U.S. Economy, Updatae, WEO
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Bond Market Conundrum 2.0? And U.S. Treasuries Held By Foreigners
The ginormous table below of foreign holdings of U.S. Treasury securities compliments Friday’s post, TOTD: Who Owns The Treasury Market? First some background, a few caveats about the data, some thoughts on how the U.S. became so dependent on foreign financing … Continue reading
