September 11
Weak inflation may force the Fed to pause its rate setting policy
After appearing weakened a year ago, Merkel is now the German front-runner.
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The Atlanta Fed’s GDP Nowcast is trending lower
Gavyn Davies: Global Nowcasts are improving
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Gavyn Davies: The Global Upswing Could Be Stronger This Time
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Cleveland Fed’s Yield Curve Recession Predictor: 12.9%
See also: A recent look at term spreads
Scott Grannis: A better PE ratio
What to watch for in the Census’ earnings, income, and poverty release
Are weaker oil prices responsible for stronger global growth?
See also, James Hamilton’s research at the NBER
September 8–Focus: Income Inequality
Those of us who don’t want to think about this as an ethical issue might want to give it some thought as a pragmatic economic bummer. The details matter a great deal for an economy based on consumption, as is ours here in the U.S., especially since those who spend the largest percentage of their incomes are the very ones getting shorted.
The Facts:
Striking it Richer: The Evolution of Top Incomes in the United States
Mobility Report Cards: The Role of Colleges in Intergenerational Mobility
Economic Inequality: It’s Worse than You Think
A deep dive into the history, with those Gini Coefficients you wanted for your birthday:
Income Inequality
Distributional National Accounts: Methods and Estimates for the United States
And finally, apologies for the “self link,” but here’s our summary of an un-linkable paper outlining public opinion on the matter. The facts were very different from what we often hear.