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Stay-At-Home Macro (SAHM)

Claudia Sahm

My goal is to make economic policy and macroeconomics better.

Platform
Substack
PricingFreemiumPublishesWeekly
Issues185SubscribersRead stayathomemacro.substack.com

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#111
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Latest Issues

Recent posts by this newsletter. Browse the email archive.

No, you didn't invent the Sahm rule and that's ok, we need more tools! - Revised

I am sending a more ‘just the facts’ version of Friday’s post on the Sahm rule.

15 days ago
23
0

No, you didn't invent the Sahm rule and that's ok, we need more tools!

Main takeaway: The Sahm rule indicates that the U.S. economy is in the early months of a recession. It is not a forecast. Any rule for forecasting or anything other than the U.S. (national) economy is not the Sahm rule.

18 days ago
64
25

Clarification on Connecting the dots: March FOMC edition

I updated the “In closing” section above the paywall based on a reader’s question. I explain more clearly why the “do nothing” to the dot plot would be the best action for the Fed this week. I am a long-standing critic of the dot plot as a ...

a month ago
11
6

Connecting the dots: March FOMC edition

The Fed won't do anything to its policy interest rate this week. But its 'words and dots' could raise interest rates for consumers and businesses, possibly substantially.

a month ago
17
8
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Authors

The writers behind this newsletter.

  • Claudia Sahm

    Founder of Sahm Consulting, former Federal Reserve and White House economist.

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