Has the 10-year market-price-based estimate of the CPI peaked (May 12), and will it now decline?  

At a hearing last week, Senator Warren told Randal Quarles, Fed vice-chairman for supervision, she was recommending that he not be reappointed to that position when his term was up in October to President Biden.  She had criticized Quarles’ appointment during his…

Will the B.1.617.2 experienced in Britain Be Repeated in the United States? Will the India and UK experience repeat in the US? We will soon find out.  

I asked Bob Bunting for his take on the news of two tropical storm events in May, since they preceded official hurricane season. Bob is CEO and Chairman of the Climate Adaptation Center, Inc. (CAC), an independent nonprofit Headquartered in Sarasota.

A local news clip from April 15, 2021, announced unwelcome news for South Florida.

Over the past 12 months, most Asian equity markets have participated in and at times led the global stock market boom. Yet this year, and particularly in the past month, these same markets have given up some of those previous gains. Is this recent underperformance, relatively modest so far in…

We continuously assess the size of the once-in-a-hundred-years economic shock from COVID-19. There are two parts to the economic toll that COVID is taking. The first is deaths and what that means in the computation of years of life lost (YLL). The second part is post-COVID syndrome (PCS), or…

With all the political handwringing about the federal deficit, we wanted to find a picture worth a thousand words – in this case a chart – to tell the story. Hat tip to David Blond for assembling this graphic.

Dear Readers, for your Sunday thinking we want to offer 40 slides. You will be able to get through them rapidly. They depict four time periods and show a color-coded, non-smoothed illustration of two decades of expansions and two decades of contractions in the US economy, with various components…