Edward Harrison
edwardnh
David Rosenberg (aka @EconguyRosie) – In A Depression, Own What’s Scarce - Growth and Yieldhttps://www.realvision.com/shows/investment-ideas/videos/david-rosenberg-in-a-depression-own-whats-scarce?source_collection=8e80b18fdb074555bdd47
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Thought bubble: when the Fed was raising rates in 2015, under the guise of inflation pre-emption, maybe it underestimated how much slack there was in the labor force. See this
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How monetary policy entrenches secular stagnation https://creditwritedowns.com/2017/06/how-monetary-policy-entrenches-secular-stagnation.html This is a piece I wrote in 2017 in response to then NY Fed Prwsident Bill Dudley /1 “If we were
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Interesting conversation with Nomura's Charlie McElligott Friday. He was telling me that he sees the risk of a pro-cyclical (“Value,” “Risk” and “Reversal” factors) move coming at the cost of
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BREAKING: I just saw the headlines showing initial and continuing jobless claims were down. They weren't. It's all because of seasonal adjustments. Claims are now rising, both initial and continuing.
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Why higher US savings won’t save the pandemic-hit economy by @michaelxpettis https://pro.creditwritedowns.com/p/why-higher-us-savings-wont-save-the?r=ezbt&utm_campaign=post&utm_medium=web&utm_source=twitter A few thoughts here
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JOBLESS CLAIMS: Because the seasonal adjustment factors are below 100 from the beginning of February to the end of June, I have been tracking raw jobless claims data instead of
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