It won’t work, but it sure will rattle the economy.| The American Prospect
Inflation May Not Be One-Shot Event| srikonomics.substack.com
The Penta-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices.| Economic Sentiment Index
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 1.6 points from 33.1 to 34.7, driven upwards by a surge in confidence in the overall U.S. economy. Click to view image. All five of the ESI’s indicators increased during this period. Confidence in the overall U.S. economy increased the most, climbing… Continue reading Economic sentiment rises as the Fed signals future rate cuts| Economic Sentiment Index
Chairman Powell’s much anticipated remarks took financial markets by surprise last week. Judging by the rapid price movements after his comments hit the tape, traders had been expecting less decisive steer on the direction of interest rates.| Clark Center Forum
Jerome Powell revealed the jobs market is suffering from a “much larger” slowdown than initially reported.| The New Republic