Interpretation of global economic developments
Platform | Substack | Pricing | Only free issues | Publishes | Weekly |
---|---|---|---|---|---|
Issues | 182 | Subscribers | Read | srikonomics.substack.com |
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A stream of positive data last week signaled strength in the US economy. None of those persuaded Federal Reserve officials to suggest that a rate cut may not be necessary. Accordingly, markets have placed a 100% probability on a reduction i...
Federal Reserve Chairman Jerome Powell used his speech yesterday at Jackson Hole, Wyoming to pat himself on the back for bringing US inflation down without a concomitant recession. The second major takeaway from his talk was that there woul...
The 1,000 point drop in the Dow Jones Industrial Average on August 5 had market players, a former policymaker and a learned Professor clamoring for an immediate and sharp reduction in the Federal Funds rate. Without policy easing, they warn...
Jerome Powell started 2018, his first year in office as Chairman of the Federal Reserve, on a high note. Inflation in the consumer price index had accelerated from 2.2% in February when he became the Chairman, to 2.9% by mid-year despite re...
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The writers behind this newsletter.
Global Macroeconomist. President, Sri-Kumar Global Strategies, Inc., advising multinational and sovereign wealth funds on global risk and opportunities
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