Technical Problems 3/9/15
The website was down several hours today, but is back up now.
May 2014 Payroll Employment
After 76 months, we finally got back to the prerecession level of payroll employment.
Click on the image to get a bigger version.
The best summary of the state of our economy is the graph (below) of employment as a fraction of population for people over 16 years old. The decrease is large, but the most troubling feature of the graph is the flat trend .
Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?
Brad DeLong favors the U.S. gdp gap.
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
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Last Wednesday the EU Commission published a list of 30 countries, including Barbados, that it describes as non-cooperative jurisdictions on tax matters. The ...
(Source: CNN via dadaviz)
“We have this imminent bond-buying by the ECB -- at least that’s what everybody is expecting -- and if euro-zone yields are falling that makes Treasury yields relatively attractive, even at these rates,” said Philip Marey, a senior market economist at Rabobank Groep in Utrecht, the Netherlands.(link)The ...
(link here to article)
Whatever OPEC says there is a feeling that the pre-shale days are done. But perhaps more on ...
The following table comes from ...
If your browser does not display the graphic the full article is here.
The first econometrician aims, fires but misses to the left by a metre. The second econometrician takes ...
Why? Mr. Piketty got the R&R treatment from the FT this week (right here, you ...