What the JOLTs Report Tells Us About the Stimulus The discussion around fiscal stimulus has largely centered around estimates of potential output. The December JOLTs report provides an opportunity for

If You Don’t Have Time This Morning Fed speakers have coordinated communication around the central theme that it is too early to speculate on the timing of tapering. We should

Laying Down the Law The January FOMC meeting must have been a real barn burner. Looks like someone laid down the law on regional presidents speaking a little too casually

Tim Duy’s Fed Watch, 2/3/21 Cost of Suppressing Dissent There are multiple themes in the Fed commentary I am tracking. One theme is the suppression of dissent. See this via Craig Torres and

Note: This is a fairly expansive piece but it became a little long. That said, worth the time. Introduction In the wake of the less-than-spectacular though I think underrated November

Markets are in motion overnight as we go into what promises to be another wild week. The coronavirus remains the focus of everyone’s attention, and for good reason. Unfortunately, the bad