Wordwide magazine
BLS Initial and Continuing Unemployment Claims Data, Calculation of the Months by Mish Current data is easily accessible over a time frame when a recession may have started. In half of the last eight recessions, the recession has already started in current numbers. Monthly average of continuing claims claims Unemployment claims continue with the monthly … Read more
font size The money supply is declining in absolute terms. Additional tightening by the US Federal Reserve risks triggering a recession, writes Robert Heller. El Drago/Bloomberg About the author: Robert Heller He is a former member of the Board of Governors of the Federal Reserve System. Inflation is the most important issue facing the economy … Read more
Summary of BLS Business Employment Dynamics by BLS Please consider the summary of Employment Dynamics in the Business for the second quarter of 2022. the main points From March 2022 to June 2022, the total job gains from opening and expanding private sector enterprises amounted to 8.3 million. A decrease of 185,000 jobs from the … Read more
The M1 and M2 numbers are from the Federal Reserve, and the ODL is derived from M2, as shown below. The above chart data is from the H.6 Fed Funds Inventory Report, released on January 24th. monetary tariffs M1 consists of (1) currency outside the US Treasury, Federal Reserve Banks, and depository institution vaults; (ii) … Read more
font size Desmond Lachman writes that conditions in the US were already sufficient to justify a halt to the Fed’s rate hike. Kevin Deitch/Getty Images About the author: Desmond Lachman He is a senior fellow at the American Enterprise Institute. He was Deputy Director of the Policy Development and Review Department at the International Monetary … Read more
James Gorman, CEO of Morgan Stanley, says two recent changes are of “huge significance” for the economy. The executive explained that inflation has clearly peaked and that China has achieved a “major pivot” economically. CEO of Morgan Stanley on the US economy and inflation Chairman and CEO of global investment bank Morgan Stanley James Gorman … Read more
This building on Monte Villa Parkway in Bothell will house IonQ’s growing R&D and manufacturing teams, and will be the primary engineering and production location for IonQ in North America. It will also contain the company’s second quantum data center. Courtesy of IonQ The Maryland company announced today that it will open a quantum computing … Read more
font size Marriner S. Eccles Federal Reserve Building in Washington, D.C. Kevin Deitch/Getty Images About the author: Christopher Smart Chief Global Strategist and President of the Barings Institute of Investment, and a former senior official for economic policy at the US Treasury Department and the White House. The US Federal Reserve could not be clearer. … Read more
Stocks, precious metals, and cryptocurrencies have been on a tear for the last three weeks of 2023, and all eyes are now focused on the upcoming 11-day meeting of the Federal Open Market Committee (FOMC). On Friday, Federal Reserve Chair Christopher Waller said he would favor a quarter-point increase in interest rates at the next … Read more
