Macro Insight Group
@macroinsightgrp
MIG provides clarity on markets, macro, and monetary policy. Founded by former Fed economist with expertise in QE and other central bank tools.
Tal vez te guste
Agree. This experiential divide is very real. It accounts for a good amount of Hawk / Dove split on #FOMC as well.
All the gen x and millennials on fintwit who have never lived through inflation are making a very similar but opposite error to all the boomer hawks who did. Don’t be overinfluenced by what you personally lived through!
AHE is the real klller w May #NFP. Remains to be seen whether one tepid jobs print is enough to overcome #FOMC inertia.
Agree. Gotta keep it real.
Wishing you a speedy and full recovery, Jared.
An update on my condition: jaredbernsteinblog.com/an-update-on-m…
Powell tries to engineer a soft landing while WH wants no landing at all. ...
POTUS also said the economy would be growing at 4 percent if not for Powell, per person briefed.
And the Fed has once again abandoned its prediction that it will achieve its inflation target. Usually the Fed waits until later in the year to surrender on inflation. This year, they've already surrendered.
Despite mild revisions to growth and inflation, #FOMC capitulates on rate hikes for 2019.
Fed holds rates steady, to slow balance sheet reduction reut.rs/2ufPE4L
Fear has been thrashing fundamentals lately....
Fed holds rates steady, to slow balance sheet reduction reut.rs/2ufPE4L
Ho-ly cow.
I’ve been a fan of this guy for a while - he makes extraordinary Rube Goldberg machines with a level of wit that elevates them beyond any I’ve seen before:
If *any* other federal employee had tweeted in a way that gave the *appearance* of hinting at confidential information, they would be fired on the spot. Plus there would be an investigation checking their emails and phone logs to make sure they hadn't leaked to others, too.
It is incomprehensible that the president, surrounded by a handful of anti-trade nut jobs, can disrupt the international commerce system and send us down a dead-end path. Address China’s violations, but don’t punish the rest of us.
🇮🇹 Twenty Years And Nothing To Show For It In Italy living standards are roughly the same as they were twenty years ago. This is a severe structural problem.
Pro tip...
Never place too much weight on one data point--unless of course it confirms your bias, then go for it
Fed researchers are going all clickbait on us with these paper titles. Next thing you know, it's going to be "5 Shocking Signs The Phillips Curve Is Real - You Won't Believe Number 4"
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