Tag Archives: coronavirus pandemic

What Future Job Growth?

Financial FAQs Calculated Risk The Job Openings and Labor Turnover Survey (JOLTS) put out by the Labor Department (BLS) probably only makes sense to economists, because it gives a picture of the job market in coming months, as well as … Continue reading

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What Letter Will Describe This Pandemic?

Popular Economics Weekly Conference-board.org The Conference Board’s consumer confidence survey should help to predict the shape of this economic recovery from COVID-19. It’s shape will mirror the degree of “uncertainty” felt by consumers. In the words of Lynn Franco, Senior … Continue reading

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How Do We Recover From This War?

Answering the Kennedys’ Call Equitable Growth Robert Hormat, a former ambassador and national security advisor in three administrations, has warned in a recent article that we are already fighting a Third World War. “This is not a confrontation of countries … Continue reading

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“It’s Not About Me…”

Popular Economics Weekly FRED New York Governor Andrew Cuomo is sounding like President Roosevelt when he intones, “It’s not about me, it’s about we.” in his morning COVID-19 press conferences. President Roosevelt most famously said, “The only thing we have … Continue reading

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Collaboration vs. Confrontation—Who Wins?

Financial FAQs theverge.com Is the era of trickle-down economics, of Reagonomics that saw so much wealth redistributed to the top 1 percent, finally ending? Yes, if we want to really ‘cure’ the pandemic decimating the U.S. and world economies, because … Continue reading

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Housing in the Time of COVID-19

The Mortgage Corner Wolf Street I reported in January that housing construction was slowly recovering, in part due to the extreme housing shortage and record low interest rates. Well, rates are even lower today, but purchase applications are now plunging … Continue reading

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Might We Have More Than One Pandemic?

Popular Economics Weekly Wrightson/ICAP Yes, says behavioral economist Robert Shiller, who won his Nobel prize for the study of human behavior in financial markets. Why? Financial market investors are panicking because of the COVID-19 pandemic, for starters, which could affect … Continue reading

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The Cure Has To Be Worse Than the Problem

Financial FAQs Federal Reserve President Trump on Sunday announced that he was extending his administrations guidelines on social distancing during the COVID-19 pandemic to April 30. He seems to have taken the recommendation of his top scientific advisors Drs. Fauci … Continue reading

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The Coronavirus—A New World War

Popular Economics Weekly Conference Board Nobel laureate Paul Krugman has said it might take an alien invasion to bring Americans together again to counter the threat of another economic downturn possibly as great as the Great Depression. Well, the new … Continue reading

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