Pulse: Growth Outlook and Business Cycle


Hale Podcast: Episode 7 - Interview with Michelle Wucker

Today's podcast guest is a fellow Chicagoan, best-selling author Michele Wucker. Her thought-provoking book, the Gray Rhino, was published in 2016 and has been quoted by President Xi Jinping of China.  Michele’s key insight is that even when we see the future charging at us, we often fail to act. 

To listen to the full podcast, please click here.

The Economic Consequences of War - EconVue Spotlight

In 1919 John Maynard Keynes wrote the first best-seller in economics, The Economic Consequences of the Peace. The title is a bit misleading, since it is really about the cost of war. He railed against the Treaty of Versailles, correctly predicting that inequitable conditions of peace made another world war inevitable. 

Japan Matters to America, America Matters to Japan

Written By Eleanor Shiori Hughes -  November 14, 2019

EconVue Spotlight - Iran Podcast & China's New Long March

As some of my more patient friends know, I have been toiling away at a book on Chinese monetary history during the Interwar period off and on for some years.  Immersing myself in the public and private words of the historic figures of the 1930’s has perhaps sensitized me to the propensity of even well-intentioned leaders to glide into chaos.  That which is unthinkable inexorably becomes inevitable.
 

Core PCE Inflation Lull Should Be Short-Lived

FMI’s commentary on this morning’s “shockingly low” 19Q1 core PCE deflator.

Hale Podcast: Interview with Economist Michael Lewis - Chicago


20190405.mp3

EconVue Editor-in-Chief Lyric Hughes Hale interviews Michael Lewis of Free Market Inc. on his views on employment, the Federal Reserve, and the growth of the US economy. Recorded on April 5, 2019

 

The Powell Put: Fed Easing and Market Performance

The latest quarterly report by the Bank for International Settlements (BIS) underlines the change in the relationship between the major central banks and financial markets.  Claude Borrio, the BIS’s Chief Economist, describes the “extraordinarily tight” relationship between central banks and financial markets in the aftermath of the financial crisis and recession of 2008. Thus, the financial markets scrutinize the central banks for cues, while at the same time relying on central bank “puts” for comfort.

Data Round-Up: Big Upside Surprises in Existing Homes Sales, Wholesale Inventories

This morning’s very upbeat February Existing Home Sales report. Also this morning, wholesale book-value inventories jumped +1.2% in January; the consensus had expected only a modest gain. However, international data was more worrisome with Germany’s Markit PMI falling further into the red, down -3 points to 44 in March (50 is break-even).

Please click here to sunscribe to Mike's full report.


 

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