Analysis of current economic conditions and policy
The Financial System: Some Graphs
Starting teaching today a course on the financial system. Here are some graphs of the current situation, through August.
Addendum:
3 thoughts on “The Financial System: Some Graphs”
Macroduck
First Friday of the month is around here somewhere. Marketwatch says the median guess is 75,000 net new jobs. The 3-month average as of July was more like 35,000, with July alone at 73,000.
Little Antoni isn’t doing the counting yet, is he? So 75k looks a little like nostalgia for pre-tariff times to me.
joseph
Hearing for Stephen Miran to replace Kugler at the Fed for the remainder of her term through January.
Miran says he intends to just take a leave of absence from the CEA while working as Fed governor. So he will still officially be a Trump administration employee, just on leave.
That’s some Fed independence for you.
joseph
Also noteworthy is that Miran made a big stink last year whining about the revolving door between the White House and the Federal Reserve, complaining that Austan Goolsbee served in the Obama CEA in 2010-2011 and then entered the Federal Reserve 12 years later.
Hypocrisy? Nope, Miran is avoiding the revolving door entirely by not going through it. He’s keeping his job at Trump’s CEA while simultaneously serving at the Fed.
First Friday of the month is around here somewhere. Marketwatch says the median guess is 75,000 net new jobs. The 3-month average as of July was more like 35,000, with July alone at 73,000.
Little Antoni isn’t doing the counting yet, is he? So 75k looks a little like nostalgia for pre-tariff times to me.
Hearing for Stephen Miran to replace Kugler at the Fed for the remainder of her term through January.
Miran says he intends to just take a leave of absence from the CEA while working as Fed governor. So he will still officially be a Trump administration employee, just on leave.
That’s some Fed independence for you.
Also noteworthy is that Miran made a big stink last year whining about the revolving door between the White House and the Federal Reserve, complaining that Austan Goolsbee served in the Obama CEA in 2010-2011 and then entered the Federal Reserve 12 years later.
Hypocrisy? Nope, Miran is avoiding the revolving door entirely by not going through it. He’s keeping his job at Trump’s CEA while simultaneously serving at the Fed.
Clever, eh?