Economics

June 3, 2016

Voodoo Math

You saw the report. Earlier today, the unemployment rate declined by 0.3% – from 5.00% down to 4.7%. Which is odd as the ‘civilian noninstitutional population’  […]
June 2, 2016

Another Look at the Yield Spread

If you watch CNBC, you may have heard Rick Santelli yelling about the flattening of the yield curve … and how this is a BIG PROBLEM!  […]
May 27, 2016

GDP “Now-casting” Report Update May 27, 2016

This is an update of my Nowcasting blog from last week.   If you missed that one, I suggest you read it before continuing: https://www.newyorkfed.org/research/policy/nowcast Why you […]
May 20, 2016

“Nowcasting” the GDP

Do you want an advance reading of the 2016 second quarter GDP reading – even before the quarter is over?   I sure do!    This is […]