The messages from the 05q3 Preliminary GDP release.
Facing the latest economic data
Here are a few thoughts about some of the economic news that’s been coming in over the last few weeks.
What are prospects for Federal debt/GDP?
Did recent surge in tax revenues signal a meaningful improvement in fiscal prospects?
Blind leading the blind
Score another one for the Americans with Disabilities Act.
Inverted yield curve edges closer
If you haven’t been worrying about the possibility of an inverted yield curve, now might be a good time to start.
Windfall profits tax
Here’s a summary of some of the recent discussion about the proposal of a tax on the windfall profits of oil producers.
Hedge fund risk
Psst– want to earn a 41% annual return over a decade? Then read on.
Does manufacturing matter?
Tradables and nontradables in the current account adjustment process.
by Menzie Chinn
Inflation under control
Unlike September’s troubling inflation statistics, yesterday’s release by the Bureau of Labor Statistics of the October consumer price index is more reassuring.
Oil grilling
Sometimes I like to base exam questions for my students on recent news. Here’s an exam question to see how thoroughly students understand the economic issues associated with today’s allegations about oil companies and the Cheney energy task force.