Sunday Night Futures
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Weekend:
• Schedule for Week of May 19, 2024
Monday:
• At 10:30 AM ET, *Speech, Fed Vice Chair Philip Jefferson*, *U.S. Economic
Outlook and Housing Price ...
15 hours ago
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
3 comments:
I've got naming remorse.
I really should have called myself Stagnationary Mark. Oh well!
Although the price of oil is high, these charts imply that we have a lot more in common with the Great Depression than we have with the 1970s.
But but a gazillion financial products were manufactured in the last decade. OTC derivatives alone manufactured a quadrillion. If industrial production were expanded to include these very valuable "products" it's way positive. Cheer up: with the right metrics it's a Goldilocks economy!
dd,
Yes! Yes, indeed! Very "valuable" products!
Wink, wink. Nudge, nudge.
Have no fear. I'm definitely cheered up. Even if the entire global economy falls apart again, I shall still have this sarcastic memory to cherish, lol.
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