
Economics and Finance
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What about that US midterms, then? Wow. Who would have thought. Should we briefly consider the implications of this blue wave for monetary policy?
But first, let me show you what Claudia Sahm writes in her recent Substack:
She writes, “Ev...
Warsh has just had a presser where some of his answers were not satisfactory. David Andolfatto provides alternative answers here:
David Andolfatto
How Warsh Might Have Answered Instead
I feel like FOMC Chairman Kevin Warsh could have an...
Hello my ten readers! How did you find Warsh’s press conference yesterday? Just to give a flavour of what others think, let me include the tweets here:
Overall, it was a Meh—from Claudia Sahm,
And from others, Kabuki!
More criticisms on...
Gossip
Apparently Warsh went ahead and commissioned a Milton Friedman AI so he could have someone sensible to argue with about the economy and monetary policy.
To which I tweeted out:
Why does he need an AI to discuss this? Is he embarra...
Now that we’ve had a hike in September, the question is what’s next for the coming years. A pause, a plateau, or more hikes? Which actions, and when?
The September hike moved the range to 3.75–4%. Looking at the SEP dots, the median clocks...
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The writers behind this newsletter.
Quant, economist
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