Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate on February 25th.

Recessions, once they are underway, happen fast — a lot faster than expansions. Who’s forecasting recessions, according to the WSJ February survey (the February Survey of Professional Forecasters has been postponed until March because of the data delays associated with the Trump government shutdown).

Part of the yield curve is already inverted.

“The Coalition for a Prosperous America” releases what it burbles as a “Groundbreaking CPA Study…” entitled “Quantifying Economic Growth and Job Creation from a Competitive Dollar”. Don’t be fooled by all the footnotes and the numbers. At the basis of the analysis is the aphorism: “Neither a borrower nor a lender be”.

Interesting news even as we are flying partly blind (some government series are still lagging).

Recall from July 2017, when Stephen Moore wrote an article entitled “When It Comes To Electric Power, Coal Is No. 1” ?

The Federal budget has just had a big hole blown in it, thanks to the Tax Cuts and Jobs Act and the last omnibus spending bill, the both the Fed and foreigners (including central banks) are no longer adding to their holdings of Treasurys.

About taxes and revenues and growth. He just can’t stop lying.

The economics blogosphere, as listed in several lists of “top blogs” is remarkably monochromatic, and male.