GDPNow Bouncing near Zero | Econbrowser

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From Atlanta Fed today: Source: Atlanta Fed, accessed 3/26/2025. What’s this mean for the trajectory of GDP? Note GS at 1.3%, while NY Fed (last...

Conference Board: “US Consumer Confidence tumbled again in March”

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Conference Board confidence index at 92.9 vs. 94.2 consensus. Here’s confidence vs. U.Mich sentiment (all standardized). Figure 1: U.Michigan Economic Sentiment (blue), Conference Board Confidence...

The Impracticality of Henry George’s Land Tax

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For those not familiar with the work of Henry George (1839-1897), he is best-known today for the thesis of a book called Progress...

“the stock market has predicted nine out of the last five recessions”

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As attributed to Paul Samuelson. So, with trepidation, I show the SP500 and CAPE over the last half decade: Figure 1: SP500 (blue, left...

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