I gave an interview to Valley News Live about the impacts of war in Ukraine on US consumers. The text of the article is here. The situation right now will be volatility in markets as everyone tries to process what is happening and how long situations will last.Continue reading Local news interview about Ukraine and economy
Inflation is still a “hot button” issue and I expect I will hear about it on the radio tomorrow (well I guess today). Here are some of my thoughts on the situation right now.
I offer up deaths as a clear example that COVID was a consequential event. We can debate policy efficacy, but we need to stop debating whether COVID was an issue. It was.
I have not posted about COVID in ND lately so I decided to give a quick update aggregating to monthly numbers. I also talk about the overstatement on some of the labor force discussion.
The Fed provided a clear signal about increasing interest rates in the near future. I think they are late to the party and I think there is one big reason to worry about an overshoot.