ECONOMY

Thanks to so many generous and speedy responses, we’ve now hit our first five targets: funding essential tech plumbing, bonuses to our loyal guest writers, increasing staffing for continued expanded Links; supporting the comments section; and providing the staffing of...

I knew Civil War (now streaming on HBO/Max) was going to be good when just a minute or so in you see an explosion in the distance and only later do you hear the sound wave. Shortly after, we meet...

This is Naked Capitalism fundraising week. 929 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check,...

This is Naked Capitalism fundraising week. 927 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check,...

Two benevolent donors have joined forces to make sure all readers can participate in our “Double Your Donations” challenges and multiply their contributions. They are issuing a challenge to double all donations under $50, up to a total of $2000....

This is Naked Capitalism fundraising week. 927 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check,...

St. Louis and NY Feds have new nowcasts. Figure 1: GDP (bold black), Survey of Professional Forecasters August median forecast (tan), GDPNow of 9/9 (blue square) and of 9/4 (blue open square), NY Fed 9/13 (red triangle-line), St. Louis Fed...

  Figure 1: University of Michigan Consumer Sentiment (blue, left scale), Conference Board Consumer Confidence (tan, left scale), both demeaned and normalized by standard deviation (for the displayed sample period); and Shapiro, Sudhof and Wilson (2020) Daily News Sentiment Index (black, right...

This is Naked Capitalism fundraising week. 921 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check,...

By ambrit, who lives in the North American Deep South Have you ever had someone you know ask you; “Why do you read that blog? Do you like being depressed? “ Such a direct question generally throws you off balance....