September Employment Report Preview

For many years I have written a regular monthly preview of the Employment Situation Report.  I have done extensive research on all of the methods and even visited the stat guys at the BLS to discuss their approach. My preview gives appropriate respect to the BLS, but also to the leading alternative methods. Why is […]

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Weighing the Week Ahead: Time for a Rebound in Confidence?

Everyone agrees that the economic recovery has been disappointing.  There is no consensus on the cause.  Nearly everyone has missed the most crucial element:  The crisis of confidence. Confidence is essential to economic success, as we have known for more than a century.  Listen to this brief sound clip, instantly recognizable to many.   The […]

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Weighing the Week Ahead: Higher Hopes for Housing?

Sometimes looking ahead includes understanding what has just happened.  The coming week will emphasize housing news, but it will also include a continuing debate on the dramatic changes in policy both in the US and Europe. Economic prospects improved greatly last week.  Key policymakers have geared up to fight deflation and a potential liquidity trap. […]

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