This is Naked Capitalism fundraising week. 259 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...
Hiro Ito and Robert McCauley have compiled a dataset(first discussed in this 2019 working paper) of the currency composition of international reserves over the 1999-2021 period. This dataset was used in Ito and McCauley (2020), Chinn, Ito and McCauley (2022), and Chinn, Ito...
From Alec Phillips, David Mericle and Tim Krupa (Goldman Sachs, 3 September 2024): Source link...
Employment growth is slowing. Even taking the preliminary benchmark at face value, we’re not in recession as of mid-August (when the survey is taken). Figure 1: Nonfarm Payroll (NFP) employment from CES (bold blue), implied NFP from preliminary benchmark (bold blue),...
NFP +142 vs. consensus +166. Employment has almost surely slowed (keeping in mind this is the preliminary release). What does this look like? Figure 1: Nonfarm payroll (NFP) employment from CES (blue), Bloomberg consensus assuming no revisions to previous months...
By Lambert Strether of Corrente This is Naked Capitalism fundraising week. 242 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...
By Rob Urie, author of Zen Economics, artist, and musician who publishes The Journal of Belligerent Pontification on Substack Bernie Madoff With the Loot? Image: Bernie Madoff fits the American storyline of bad actors sinking ‘the system.’ However, the facts...
This is Naked Capitalism fundraising week. 238 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...
This is Naked Capitalism fundraising week. 219 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...
In the 1970s the general aviation aircraft industry was selling 15,000 or more aircraft a year but that number fell by a factor of about 10 in the early 1980s. What happened? One factor was a massive increase in tort...
