No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
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The Recession That Didn’t Happen… And Why Most Forecasters Got It Wrong In arguing that there will be no near-term recession, Beacon Economics has been an outlier in the forecasting community. Economic Policy, Economics, General Economy August 8, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Much to the chagrin of those who have been
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- blog
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- Real Estate
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Californians Moving Out Is Not The State’s Most Worrisome Trend Exploring the overlooked trend of Californians staying put and its implications. Economic Policy, Real Estate May 24, 2023 Author: Benjamin Noon Benjamin Noon All Articles Over the past few years, it would have been difficult to miss news coverage reporting that people are leaving California for
Downgrading The Economic Outlook: Credit Shortages Will Become A Problem By End of 2023 </h1 > Beacon Economics’ expectation is that over the next few months short run interest rates will stabilize, but long run rates will again start to rise. Uncategorized May 16, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles
Today’s Fed Decision: The Funds Rate Is Irrelevant—QT Is What Matters Until we understand the direction the Fed is going with its quantitative tools, and the impact on bank deposits, we cannot predict if the banking situation will improve or get worse. Uncategorized March 23, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles