Trump Blinks (For Now) | Econbrowser
From Bloomberg:
President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers...
Economic Policy Uncertainty Hits Record High
Even if likely to be revised, it’s still remarkable. VIX down as high yield credit spread rises.
And here’s a picture of credit risk...
Cement In Africa – Conversable Economist
Cement is an intermediate ingredient for making concrete, which in turn is an ingredient for construction of roads and buildings all around the...
Is the Michigan Survey a Fluke? Are Republicans Still Optimistic? Do Republicans See Inflation...
No. Yes/No. Yes.
Compare the U.Michigan survey to SF News Sentiment index and Conference Board:
Figure 1: U.Michigan Economic Sentiment (blue), Conference Board Confidence Index...
Retail Egg Prices Up, Wholesale Down for Now – Forecasts Up
The egg crisis of 2025 is not over yet — consider what happens if tariffs are put on egg imports?
Figure 1: Price of...
Inflation Expectations Explode, Sentiment Collapses (U. Michigan)
Preliminary data today:
Figure 1: One year inflation expectations, % (blue, left scale), and economic sentiment (tan, right scale). Trump administrations denoted by orange...
Why we cannot have nice things
Last September, I discussed the strange bidding war for a federal property called “the ziggurat”. At the time, the bids had risen to...
Instantaneous CPI Inflation | Econbrowser
Rates are down, but not as far down as in mid-2024.
Figure 1: Instantaneous inflation for headline CPI (blue), core CPI (brown), per Eeckhout...
