The week ahead is arguably the most important here at the start of 2020. The Federal Reserve and the Bank of England meet. The US and the eurozone report initial estimates of Q4 19 GDP. The eurozone also reports its preliminary estimate of January CPI. China returns from the extended Lunar New Year celebration and …
The Week Ahead and Why the FOMC Meeting may not be the Most Interesting Read More »
This Great Graphic was tweeted by Martin Beck, and it comes from Oxford Economics, using Haver Analytics database. It shows the relative economic growth since 2008 for the US, UK, Japan, and EMU. It will not surprise many to learn that US contraction was not as deep as in the areas. It also would not …
Great Graphic: Selected GDP Performance since 2008 and Policy Read More »
Great Graphic: GDP Per Capita Selected Comparison – Marc to Market Edit This Great Graphic was used in a recent Bloomberg column by former Minneapolis Fed President Kocherlakota, and now a professor at the University of Rochester. Kocherlakota was a dove when he was at the Fed and remains dovish. He is concerned that the US economic performance is, as …
Great Graphic: GDP Per Capita Selected Comparison Read More »
This Great Graphic was tweeted Alan Kruger (@Alan_Kruger). Drawing on official data and the Atlanta Fed’s GDPNow tracker for Q2 GDP (2.4%), it shows the current business cycle in the context of a four earlier cycles. Until now the recovery from the Great Financial Crisis was the weakest from the post-WWII last four contractions. However, …