The Case-Deaton study and the counties that went for Trump.
Warren Buffett told the media yesterday that America will "work fine" under President Donald Trump. His reason: The U.S. "has the secret sauce." The post Warren Buffett: America Will “Work Fine” Under President Trump was originally published at The Wall Street Examiner. Follow the money!
Jim Rickards joined CNBC’s The Rundown to offer his analysis for 2017 and what expectations on the European Central Bank’s (ECB) moves may be under rising Eurozone inflation and other regional factors. The post Jim Rickards: European Central Bank to Tighten Later This Year was originally published at The Wall Street Examiner. Follow the money!
A brief post today, because I’ve been working hard on a book manuscript. Details to follow, but here’s a hint. I’ve had a wonderful time writing the book. Nevertheless, a few bits of news and some links. I discussed the question “should economists be more like plumbers?” with my FT colleague Gemma Tetlow on Facebook […]
Treasury Secretary nominee didn't tell Senate about $100M in assets; China's growth slumps; and Western Union to refund nearly $600M to fraud victims. These headlines and more from CBS MoneyWatch.
Trump pledges to label China a currency manipulator “on day one” and demand concessions they’ll never make. Brian Maher has more... The post Could Trump Make China “Go Nuclear?” was originally published at The Wall Street Examiner. Follow the money!
From housing economist Tom Lawler: The Household Conundrum, Part I: The CPS/ASEC DataA major challenge facing housing analysts is the lack of any timely and accurate time series of the characteristics of the housing market, including both the number of and the characteristics of occupied or vacant housing units. Show More Summary
It is really amazing how major news outlets can't seem to find reporters who understand the most basic things about the economy. I guess this is evidence of the skills shortage. Bloomberg takes the hit today in a piece discussing areas where the economy is likely to make progress in a Trump administration and areas where it is not. Show More Summary
Education Dept. says the schools could lose federal funds if they don’t take measures to help boost their graduates’ pay
It’s part of a settlement the billionaire GOP backer is making with the federal government over corrupt practices in Asia
Dow 20K is slipping away, and the stock market appears on the verge of a breakdown as some harsh realities set in
World's second-largest economy grew at slowest pace since 1990 as Beijing steers path toward greater consumption
One of my biggest gripes with Brexit is that it is stealing cognitive bandwidth; it’s distracting us from proper economic policies. This is an especial problem for Labour as the party is showing few signs of having much cognitive bandwidth...
It cannot be merely coincidental that the incomes and wealth of the top 5% have pulled away from the stagnating 95% in the 25 years dominated by neocon-neoliberalism.One unexamined narrative I keep hearing is: "OK, so neocon-neoliberalism...Show More Summary
There is little agreement on how government should respond to the challenge posed by "losers" from globalization.
If you have a federally guaranteed student loan, there should be no need to default no matter your income
If he tears up NAFTA or imposes harsh tariffs, it could scramble years of strategic planning among carmakers
It's simple: Having a real plan (preferably in writing) increases your odds of a financially secure retirement