Thursday, June 23, 2016
AI’s Future Is Here
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Summers’ Epiphany . A 6/7 NYT article titled “Jobs Threatened by Machines: A Once ‘Stupid’ Concern Gains Respect” recalled a keynote add...
Wednesday, June 15, 2016
US Consumers: Shopping from Home
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More and more consumers are shopping online rather than going to the malls. Amazon has been a big enabler of this (non)movement. The com...
Friday, June 10, 2016
Goods Deflation Is Good
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Why are the major central banks so paranoid about deflation? It’s probably because they are staffed (stuffed) with macroeconomists who a...
Sunday, June 5, 2016
US Employment: Shortage of Jobs or Workers?
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Payrolls rose just 38,000 during May, the weakest gain since September 2010, and the previous two months were revised downward by 59,000 ...
Saturday, May 28, 2016
US Yield Curve: Global Yellow Light?
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The spread between the 10-year US Treasury bond yield and the federal funds rate is one of the 10 components of the Index of Leading Econ...
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