LA under Occupation: Macro Indicators for California
On June 7, President Trump federalized the California National Guard and deployed troops to LA. This followed instances of aggressively conducted ICE raids...
GAO: “Automatic supports are most effective when they are timely, temporary, targeted, and predictable”
I think we’ll need these sooner than you think. But legislation has just been passed to disable these supports.
From GAO, “During Past Recessions...
Quick and Dirty Check on Whether Steel Prices Have Fallen
Recall CEA has asserted that imported goods prices (incl tariffs) have fallen relative to domestically produced, based on conjoining 2017 IO tables and...
Trying to Soften Up the Federal Reserve
There’s a well-known approach in politics when one agency wants another agency–not under its direct control–to do something. You first try to soften...
Bertaut, von Beschwitz and Curcuru/FRB: “The International Role of the U.S. Dollar – 2025...
FEDS note published on Friday:
The role of the U.S. dollar has received renewed attention this year. A sharp rise in policy uncertainty has...
Consumer Price Level – Alternatives
How’s dropping prices for everyday folks going?
Figure 1: CPI all (black), CPI for food (tan), Everyday Price Index (green), all in logs, 2025M01=0....
