Philippon and Gutiérrez answer a clear no Politicians and activists are warning that mega-companies like Facebook, Wal-mart, and Amazon are returning America to the Gilded Age. They point to record breaking profits and mergers the…
The Federal Reserve message is clear: 1- Macro data remain robust and expected inflation is low 2-Risks on the economic prospects are on the upside 3 – The Fed will…
In its monetary policy statement, the Fed says there is no reason to lower interest rates rapidly. Activity data are still robust and inflation remains moderate. Therefore, as long as…
The Fed seems open to lower its main rate in September #recession #usmonetarypolicy #FederalReserve #interestrates
Inversion of the US yield curve. The signal for a forthcoming recession. No one wants to take bets on the future.
Huge drop of the 30y rate in the US It’s now below 2.6%. Bleak expectations are now a source of concern
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