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Question #2 for 2024: How much will job growth slow in 2024? Or will the economy lose jobs?

Calculated Risk

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2024. 2) Employment: Through November 2023, the economy added 2.6 2) Employment: Through November 2023, the economy added 2.6 Or will the economy lose jobs? Or will the economy lose jobs? million jobs in 2023. million jobs in 2023.

Economy 114
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Danny Kahneman: What if Everything is Narrative Fallacy?

The Big Picture

2020: Covid : With the economy closed, people locked down, and local businesses crashing, many were expecting a replay of the previous market crash. The latest plot line was simply the animal spirits have been awoken and they have run amok and that’s how we have avoided an economic contraction.

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GDP When? (Not Now)

The Big Picture

It uses (13 or so) inputs 1 to extrapolate a rough approximation of economic growth. I find these to be useful models but must constantly remind myself that they are merely rough approximations of the BEA GDP , which itself is a rough approximation of the US economy. Higgins Federal Reserve Bank of Atlanta, July 1, 2014 1.

Banking 141
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10 Monday AM Reads

The Big Picture

Almanac Trader ) • This Time Really Is Different for the Economy. Barron’s ) • What China’s economic problems mean for the world : There is a saying that when the United States sneezes, the rest of the world catches a cold. Market calamities can become a self-fulfilling prophecy, so stay on the lookout.

Economics 245
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Sunday links: disregarding the facts

Abnormal Returns

nytimes.com) Regional banks are a linchpin for the economy. grist.org) Anti-Asian hate crimes have been rising since 2016. bloomberg.com) Economy Why we should be celebrating the current employment situation. unchartedterritories.tomaspueyo.com) The economic schedule for the coming week.

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What is Dosa Economics? Raghuram Rajan’s Dosanomics Explained!

Trade Brains

Understanding what is Dosa Economics: In contrast to most bland economic theories, Dosa Economics remains the only one that makes our mouths water every time we discuss it. The term was coined by the ex-RBI governor Raghuram Rajan in 2016 to simplify the effects of inflation on an individual’s purchasing power.

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GDP = -0.9%

The Big Picture

Following a negative GDP print in the first quarter, a strong but inflation-racked economy expanded in the second quarter on a nominal basis, but contracted in real inflation-adjusted terms. Cherry Picking Your Favorite GDP Forecast (May 18, 2016). BEA reported “Real gross domestic product decreased at an annual rate of 0.9