Deep Dive

GDP I: Still Flying. Not Landing. It’s official: There was no recession in 2022 or 2023. There was no…

Monetary Policy I: Post-Modern Monetary Theory Melissa and I received quite a few favorable reader comments on last Monday’s…

Notwithstanding last week’s hotter-than-expected CPI and PPI reports, the financial markets are still anticipating that the Federal Reserve will…

Raphael Bostic is the president and CEO of the Federal Reserve Bank of Atlanta. He is a 2024 voting member…

The UK and Japan are in recessions. Germany is on the edge of falling into a recession. China’s property…

Since the start of the 2020s, we’ve been comparing the current decade mostly to the 1920s and the 1970s.…

I. Is AI Ready for Primetime?  The Roaring 2020s started in the stock market on November 30, 2022. That’s…

Why were so many economists and strategists so wrong in their predictions of a recession over the past two years?…

Our Roaring 2020s economic scenario is predicated on our assumption that chronic labor shortages, especially of skilled workers, will cause…

Is it possible that the meltup phase of the bull market (which started on October 12, 2022) has begun already—…

How much longer might the current economic expansion last? That remains a widely disputed question. The debate started between the…

How long is the lag between monetary policy tightening and recessions? In the past, the answer to that question depended…