The Federal Reserve (Fed), and markets, overreacted to the slightly higher inflation seen during the first quarter of the year. After...

August’s employment report, which was weaker than markets were expecting but stronger than our call, cements our view that the easing...

As a businessman and ex-business owner, the idea of firms ‘hoarding’ workers never made sense. As an economist, the idea of firms...

When the Federal Reserve (Fed) cut rates in response to the COVID-19 pandemic, mortgage rates fell below 3% in 2021 and many households...

The relative weakness in July’s nonfarm payroll employment number and the increase in the rate of unemployment from 4.1% in June to 4.3%...

July FOMC Meeting Preview The Federal Reserve (Fed) doesn’t like to spook markets, that is the reason why it has crafted its...

As we start the second half of the year and as we approach next week’s release of the preliminary report on real GDP for the second...

The Pendulum Swings Back to the Micro (from Macro)! This week marks the official start to 2Q24 earnings season, with the big banks among...

Retail trade sales in the US are reported by distribution channel. For example, gasoline sales are reported through the gasoline stations...

Total net worth, or household wealth, has reached a new record high, at least in nominal terms. This has pushed many to argue that...