-
No, The US Economy Is Not OK
We had said that our previous note would be the last one of the year. But writing this from the mountains in Greece during the holidays, we felt it was worth making an exception. Not to revise a call, and certainly not to defend one, but to better understand what the data are actually telling us. Over the past days, our recession view was challenged, constructively, and that challenge is useful. Macroeconomics is not about winning a debate; it is about understanding the mechanisms at work. The latest GDP release does not show a recession. That statement is factually correct, and analytically insufficient. In the ... (full story)
- Comments / Top
- Subscribe
MacroAnchor
Dec 28, 2025 7:03am
Permalink
Nordling
Dec 27, 2025 11:19pm
Permalink
Ravenfeeder
Dec 28, 2025 2:57am
Permalink
Ravenfeeder
Dec 28, 2025 7:22am
Permalink
bdsilvano
Dec 28, 2025 7:04am
Permalink
noza
Dec 28, 2025 8:13am
Permalink
Trader#7B3B
Dec 28, 2025 12:15am
Permalink
Nordling
Dec 28, 2025 3:08am
Permalink
NotAtrader
Dec 28, 2025 8:34am
Permalink
Trader#8516
Dec 28, 2025 1:45am
Permalink
Bakker
Dec 28, 2025 8:45pm
Permalink
Trader#BBE1
Dec 28, 2025 9:33am
Permalink
Trader#7991
Dec 28, 2025 11:22am
Permalink
-
Related Stories
From nypost.com | Dec 28, 2025
Caroline Ellison, the nerdy ex of FTX crypto crook Sam Bankman-Fried who later turned on him, is due to get an early release from federal prison after serving just 15 months of a two-year sentence. Ellison, 31, got the slap-on-the-wrist sentence after pleading guilty to fraud charges for her role in the multi-billion dollar crypto fraud scandal and agreeing ...
The Federal Reserves policy decisions in recent years have exacerbated economic inequality in America, and some of the central banks policymakers say its not a problem they can easily fix. Millions of Americans, especially the richest, took advantage of the ultra-low interest rates during the pandemic, when the Fed loosened up monetary policy to shore up ...