Economics

Let’s check in and see what the various Nowcast models are predicting for 2016: Q2 GDP. Follow these links to see the NY and Atlanta FED […]

First, permit me to say a quick ‘Bonjour!’ as I’m presently in Paris.  And I’m editing this BLOG on my iPad…this is a challenge! You have […]

When formulating monetary policy, the “data dependent” FED needs good data. The “Labor Market Conditions Index” fits the bill.   The LMCI is a type of […]

The FED constantly talks about the PCE, or “personal consumption expenditures,” when discussing inflation.  What – exactly – is it?   Why is it so important?  And […]