Figure 1: EPU (blue, left scale), and centered 7 day moving average (red, left scale), VIX (green, right scale). Source: policyuncertainty.com, CBOE via FRED, and author’s calculations.
2 thoughts on “Economic Policy Uncertainty at Recorded Maximum”
James
US Treasury Sec Scott Bessent is not worried about the stock market downturn. “Corrections are healthy,” he said. By which he means – don’t worry sheep – you will be fleeced. By the way – all you folks that Trump/Musk/GOP are forcing to retire right now are doing so into a market downturn – meaning you will start your ten year retirement with a reduced nest egg. For the past 30 years – every time the Republicans get in charge there is a recession – why does the oligarch media keep telling us Republicans are good for the economy?
More proof that EJ Antoni flunked labor economics – a belittling of fringe benefits as part of labor compensation. Of course this MAGA moron thinks spending on health care is waste fraud and abuse.
US Treasury Sec Scott Bessent is not worried about the stock market downturn. “Corrections are healthy,” he said. By which he means – don’t worry sheep – you will be fleeced. By the way – all you folks that Trump/Musk/GOP are forcing to retire right now are doing so into a market downturn – meaning you will start your ten year retirement with a reduced nest egg. For the past 30 years – every time the Republicans get in charge there is a recession – why does the oligarch media keep telling us Republicans are good for the economy?
https://x.com/RealEJAntoni/status/1901609684030595205
More proof that EJ Antoni flunked labor economics – a belittling of fringe benefits as part of labor compensation. Of course this MAGA moron thinks spending on health care is waste fraud and abuse.