The state formerly known as Arizona. This data typically lags.
Federal Liabilities surpassed 100% of GDP for the first time in at least six decades. The quarterly Z1 data gets worse from there. Here’s where we’re headed and what it means.
So, just how much is the U.S. economic growth dependent on debt?
Both households and business have loaded up.
Great and tight summary of the Eurosystem monetary policies deployed in response to COVID19
The pandemic itself and the public health system response to the pandemic in the U.S. is worse than in the EU27.
Globally, the pandemic is not abating, despite the optimistic talk across a range of countries currently relaxing severe restrictions on social distancing and pandemic-abatement measures:In my opinion, outside Europe, current relaxation of COVID19 rest…
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Fed QE: $4.401B Coupon Purchase 2020-06-12 NY Fed treasury securities operations
The latest data on initial unemployment claims for the week ending June 6, 2020 is out today (release here: https://oui.doleta.gov/press/2020/061120.pdf). Initial unemployment claims are up another 1,537,120 in one week, though the rate of new add…