Can the Financial Plumbing Handle Growing Treasury Debt?
Back during the Great Recession of 2007-09, it became common for economists to talk about “financial plumbing” as part of the problem. The...
How to Walk the World (with Chris Arnade)
Skip the Mona Lisa when you visit Paris. Don’t tour the Coliseum in Rome. Walk, don’t hurry. Chris Arnade speaks with EconTalk’s Russ Roberts about a...
WSJ July Survey: 2025 q4/q4 Growth at 1%
From WSJ July survey out today:
Figure 1: GDP (bold black), WSJ July survey mean (tan), lowest/highest 10% based on 2025 q4/q4 growth (gray...
Dispersion in GDP Nowcasts | Econbrowser
As of today:
Figure 1: GDP (bold black), GDPNow of 7/9 (light blue inverted triangle), NY Fed nowcast of 7/11 (red square), St. Louis...
Policy Uncertainty *before* 30% Tariffs on EU, Mexico … and Rosie O’Donnell
See here and here. Every morning I wake up, think I can’t see anything more crazy than what occurred yesterday, and then I...
Gold and FX Reserves in 2025Q1
Based on IMF data (COFER, IFS):
Figure 1: USD shares of fx (blue bars), EUR (tan), all other (gray). USD(EUR) share assumes 60%(35%) of...
