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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
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The Job-pocalypse? Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. blog, Consumers, General Economy, Healthcare May 8, 2020 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles The April employment report was released this morning and the grim tidings it delivered, while anticipated, were still quite startling. The U.S. unemployment rate shot to
The Expansion is Dead, Long Live the Expansion Relevant, hype-free insights about what’s happening in the global, U.S., and California economies blog, Consumers, General Economy, Healthcare April 30, 2020 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles As Beacon Economics has written in our published outlooks over the past six weeks, a true understanding of what is
A GDP Reality Check Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. blog, Economic Policy July 27, 2018 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles The 4.1% growth rate in U.S. Gross Domestic Product in the 2nd quarter (announced today) was not a surprise to anyone looking at the