Reason that the present recession is potentially much more dangerous than those of 1948-49 and 1953-54; Argument that the real danger at the moment is that of a cumulative break down in the economy; Views against Slichter's ...
“Yes, but this is actually a good thing. It has been raining money on fools for too long. Some bankruptcies need to happen. Also, all the Covid stay-at-home stuff has tricked people into thinking that you don’t actually need to work hard. Rude awakening inbound!” Musk wrote. In ...
The last few years have been a turbulent time for retail. There’s the threat of a looming recession. Environmentally-minded consumers are questioning the wastefulness of the fast fashion industry. Or at least new to them. These factors are helping pave the way for retailers to set up a ...
Currently, it is unknown how long government measures will be in place and how they will affect our economy on the longer term. An economic recession may lead to higher unemployment rates, affecting both commuting mobility as well as travel budgets of people for non-commuting trips. Furthermore...
I believe that three main forces drive most economic activity: 1) trend line productivity growth, 2) the long-term debt cycle and 3) the short-term debt cycle. Figuratively speaking, they look as shown below: 我认为有三股主要驱动力支配着经济行为: ...
While the vast majority — 98% — expect a recession, there is little consensus on its length, depth and severity. Interestingly, CEOs are also divided on the outlook for their own addressable market, into which they will have greater insight into anticipated activity levels. Image description ...
The Fed is trying to find a sweet spot, driving inflation lower without slowing the economy to the point that it causes arecession. So far, the Fed has achieved this so-called “soft landing” for the economy, but the Fed continues to walk an economic tightrope. “The overriding pressures...
"It's like turning down the tap on a bathtub. You can see the tap is turned down just by looking at it," he said. "But it takes a while to notice that the tub is filling more slowly." But what could last is a change in the way people live. Telecommuting could become more acce...
Friedman's and Phelps's findings gave rise to the distinction between the short-run and long-run Phillips curves. The short-run Phillips curve includes expected inflation as a determinant of the current rate of inflation and hence is known by the formidable moniker "expectations-augmented Phillips...
If GDP growth rates accelerate, it may be a signal that the economy is overheating and the central bank may seek to raise interest rates. Conversely, central banks see a shrinking (or negative) GDP growth rate (i.e., a recession) as a signal that rates should be lowered and that stimul...