“What soaring uncertainty means for the U.S. economy”
From Cui, NBC:
President Donald Trump’s tariff agenda has thrown the financial world for a loop for much of the past month. The on-again, off-again trade escalation with other...
Dollar Dominance No More? | Econbrowser
Steve Kamin in the FT, Goodman in the NYT, Krugman on substack, FT Editorial Board write on how Trump policy erraticism on erosion...
Sleazy boomers and wholesome zoomers
The Economist has a very interesting set of articles on recent trends in western culture. The first one is entitled Aging disgracefully, and...
What a Difference Two Weeks Makes: NABE Economists on the “Liberation Day” Effect
From NABE two days ago, responses pre- and post-“Liberation Day”:
From the NABE statement:
The initial April 2025 NABE Outlook presents the consensus macroeconomic forecast...
WSJ Survey of Economists – April 2025
The GDP outlook is down markedly. I was insufficiently pessimistic (relative to WSJ survey respondents) regarding the GDP outlook.
Figure 1: GDP (bold black),...
Expectations Continue to Fall Off a Cliff
NY Fed future financial situation “better off” revised up, but continues decline.
Figure 1: U.Michigan expectations index (blue), and NY “better off” aggregate (tan), both...
