A wild ride for futures means…
Category Archives: Uncategorized
Five Year Breakeven Inflation Expectations
After adjustment for premia, constant over the last three months:
A Logged Look at Bitcoin
If you believe the world is in base e, then this is a better picture of the Bitcoin’s progress.
Wisconsin Employment in April
Wisconsin nonfarm payroll employment has stabilized at a level down 4.7% relative to NBER peak in 2020M02, vs. 5.4% for the nation overall (according to figures released by DWD yesterday).
More Nonsense
Interpreting the Labor Market
The employment surprise – demand shortfall, supply constraints, or statistical artefact? I discussed on WPR Central Time yesterday.
Market Based Inflation Expectations at 5 Year Horizon
The simple — conventionally reported — inflation breakeven calculation might be misleading.
Inomics: Top Economics Blogs – April 2021
From Inomics:
Business Cycle Indicators as of May 4th
Monthly GDP figures were released by IHS-Markit yesterday, showing a rebound in March. In the context of key macro indicators followed by the NBER Business Cycle Dating Committee:
Net Worth for Bottom 50% and Above
Income distribution statistics come out annually, but net worth (asset/liability) distribution comes out quarterly.
Source: Federal Reserve Board, Financial Accounts of the United States, via FRED.