Diane Swonk, Discover and Read the Best of Twitter Threads by @DianeSwonk

Diane Swonk

DianeSwonk

This week jobs, next week inflation for April. #Inflation will be hot - y/y will easily exceed 3%, could nip at 4%, strongest since 2011.Some will use the term “stagflation”

The economy surged at a 6.4% rate in the first quarter. Consumers drove those gains supported by a ramp up in vaccinations, supplements to unemployment insurance and two rounds of

I get a lot of questions about why the @federalreserve doesn’t just raise rates to moderate asset prices. This note from the @sffed provides one of the most succinct analyses

Incomes surge, spending plummets and the saving rate hits a record breaking 33% in April. Income from all of the stimulus checks, tax saving and UI support - much of

FEAR FACTOR - Some comments about getting workers back to work.A lot of stories are an to pop up about $600 added to UI checks and how workers are now

A couple of observations about the apparent slowdown in the pace of infection in Italy, Spain and New York - all hot spots. 1) Terrific - our behavior matters -

Trying to stay forced on solutions instead of what caused the problems (although I am quite aware of those as well.) A few thoughts on what we need now, what

The carnage obvious in the March payroll report.-701k drop largest ever for start of recession - recessions usually sneak up on us. This one happened in days.-jump in workers forced