GDPNow Forecast for Q3 Plunges to 0.5 Percent on Weak Consumer Spending – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish. GDPNow Plunge Please consider the September 15 update to the GDPNow Forecast for Q3 GDP. The GDPNow...
Real Hourly Wages Rise For 2nd Month But Reduced Hours Eat Most of the Gain – Mish Talk
Real (Inflation Adjusted Wages) data from BLS, calculations by FRED, chart by Mish My numbers slightly differ from BLS (+-0.1). For example, the BLS has...
Mortgage Rate Locks Are Down a Whopping 57 Percent From a Year Ago – Mish Talk
Black Knight Mortgage Monitor Please consider the Black Knight Mortgage Monitor August 2022 Review. Key Details Volumes continued to fall across the board as the...
Former NY Fed President Says the Fed’s Balance Sheet Shrunk Too Much in 2019 – Mish Talk
Balance Sheet Shrunk Too Much in 2019?! Please consider the above video interview. Dudley: Fed will taper its balance sheet reduction the deeper we get...
China Is Not Rebalancing, Its Flawed Dependence On Huge Exports Continues – Mish Talk
China’s export growth may have slowed compared to recent months, but it is nonetheless up 7.1% year on year in August. I don’t know what...
Climate Policy Is a Much Greater Threat Than Climate Change – Mish Talk
Inept Climate Policy Germany’s decision to scrap its nuclear reactors before having replacement energy is in play. In April, then UK Prime Minister Boris Johnson...
Central Bank Interest Rate Policy Amplification In One Picture – Mish Talk
Monetary Policies Risk a Historic Global Slowdown With a major ongoing debate as to how many rate hikes will take to slow inflation, the PIIE...
1st Look at Local Housing Markets in August, Sales and New Listings Down Sharpy Year-over-year
by Calculated Risk on 9/09/2022 08:26:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in August A brief...
The Fed Will Hike to 4 Percent Come Hell or High Water – Mish Talk
Clarida Hell or High Water Image of Richard Clarida from video below Credibility Problem and Disconnect Richard Clarida on Squawk Box Q: Is the fed...
GDPNow Model for the Third Quarter Surges Then Immediately Dives, What’s Happening? – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish Catching Up In my previous GDPNow Update on August 24, I commented “Even if you believe in...