From BOFIT: Russian economic growth slowed significantly in June, but sustained its lower pace in July. According to Russian economic development ministry’s preliminary estimate, on-year GDP growth in June and July was around 3 %, down from 4.5 % in the April-May...
From the September survey, as shown in yesterday’s FT: Source: C. Smith, FT, 14 Sep 2024. It’s amazing to me that there’re 3% of respondents that say the Harris platform is more inflationary. Of course, with 37 respondents, that’s one...
Yves here. While it might seem that Larry Summers has finally faded from public life, think again! Wikipedia reports that Summers joined the board of OpenAI in November 2023. And one can be sure he’d want to influence the economic...
Surprised to learn that the US is below the OECD average for out of pocket health care spending as a fraction of per capita consumption, with virtually the same % as Canada. That is Jason Abaluck, via the wisdom of...
Homing pigeon missiles, dead trout swimming, butt breathing honored with Ig Nobel Prize The Register Online Dating Caused a Rise in US Income Inequality, Research Paper Shows Bloomberg Empty Downtowns Are Still Depleting Local Coffers Governing World Bank, “Puppet Hanging...
The situation in Europe is getting so bad on so many different levels, the Brussels crowd had to bring in “Super” Mario Draghi to save the day — or at least write a report telling them what to do. Draghi...
Conor here: According to Bloomberg, Trump has gotten at least $24.4 million from 13 members of the Billionaires Index and Harris has received $12.8 million from 20 people. So maybe Kamala has already embraced billionaires? I figure it’s safer to...
For GDP, no recession on the short horizon: Figure 1: GDP (bold black), FT-Booth September median forecast (blue box), NY Fed nowcast (red triangles), SPF August (tan line), WSJ July (light green), in bn.Ch.2017$ SAAR. Source: BEA 2024Q2 advance, FT-Booth...
Released yesterday: Based upon the S&P Global national forecast, DoR concludes: Wisconsin employment is expected to grow by 0.8% in 2024. Wisconsin’s unemployment rate was 3.0% in the second quarter of 2024, a full percentage point below the US rate...
Readers, This has been a lively year, but an especially creative year for the Naked Capitalism songwriting commentariat. Thanks go to albrt, Antifa, Britzklieg, Camelotkidd , Caucus99percenter , Cgregory, ChrisFromGA , Daryl, Ewmayer, Flora, HenryMoonPie, Ignacio, JaburaBasaidai, LilD, MarkGisleson, Mrsyk,...
