There are 50 states, but only 13 where the 2016 presidential election was decided by a margin of less than eight percentage points. Six of them went for Hillary Clinton […]

Get ready for another crazy month on Wall Street. Months like March tend to come in pairs, at least as far as volatility goes. Daily moves of 4% or more […]

No sooner was the ink dry on the March 27 $2 trillion stimulus package than Washington began work on the next stimulus. This is the right thing to do. Deficit […]

Two burning questions confront all of us: How big is our public health problem? How sharp is our economic retrenchment? We think that the toolkit of economic forecasters has something […]

The global COVID-19 outbreak now sports exponential growth rates for cases and deaths on every continent save Antarctica. Students of the economy must add that we are also in the […]

The United States has become the world’s largest oil producer. That honor is likely to vanish, and with it a lot of companies. If so – and it is almost […]

President Trump has frequently pointed to the performance of the stock market in praising his own performance, although not in the past week when markets worldwide came down with (fears […]

One thing I learned during more than 40 years as a journalist is that the power to set the terms of the debate sometimes can be decisive in determining the […]

President Trump tweeted on Christmas Eve that he was “all alone (poor me).” It was a sentiment with which Fed Chairman Jerome Powell could sympathize. As 2018 came to a […]

Five percent was the magic number. For years after the Great Recession officially ended in 2009, the recovery seemed to be proceeding at a snail’s pace. Even as the unemployment […]

After over a decade of first-rate stewardship, Jon Faust is resigning from his post as CFE Director to become senior special advisor to the newly appointed Federal Reserve Board Chair, […]

This blog has recently been listed on the Intelligent Economist’s list of the Top 100 economics blogs.