Increasingly, prognosticators are talking about a recession in the United States by 2020. But not everyone is onboard with those predictions. Moreover, arguments vary both in terms of why a recession would take hold and in what the likely…
Quick note here to update you on some of the macro data I continue to be bullish on the near-term US economy. As I wrote this morning, the Q2 and Q3 GDP numbers are both showing more than 4% growth. And with the ISM Manufacturing data…
Today's daily includes stories on the global economy, inflation, monetary policy and trade.
The magnitude of the revision is eye-catching. And my inner sceptic wonders how the initial data reads could have got it so wrong.
Daily newsletter post with thughts on the latest GDP numbers, a US-EU trade deal and the earnings numbers coming from social media companies
This is Credit Writedowns daily newsletter for 19 Jul 2018. The big issues: the US economy, Fed policy, currencies, trade and government deficits.