ECONOMY
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The ai Boom
The tiny country of Anguilla (pop 15,000) has an official country top-level domain code for the internet of .ai. Domain…
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Business Cycle Implications from the ADP Release
My nowcast of BLS private nonfarm payroll employment was for a decreaes of 78K, but with a very wide prediction…
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White House Pulls EJ Antoni Nomination to BLS Chief
From The Hill: Source: Times of Israel. The White House is withdrawing the nomination of E.J. Antoni…
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Growth Reliance on the Tech Spending Boom
Two interesting pictures. First, the reliance of US GDP growth on Tech Spending. Source: DB, 24 Sep…
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AI and the FDA
Dean Ball has an excellent survey of the AI landscape and policy that includes this: The speed of drug development…
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The Availability of Quarterly GDP Data for the US: Memo to EJ Antoni
Referring to Dr. Antoni’s definition of recessions using quarterly data, here are the GDP data series for…
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Is it the phones?
Or perhaps we should just credit Sydney Sweeney? That is from Chris Said. The post Is it the phones? appeared…
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The Danger of Fed Credibility under Assault
If credibility is degraded, then tariff induced cost-push shocks are less likely to manifest as one-off price…
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The British War on Slavery
In August of 1833 the British passed legislation abolishing slavery within the British Empire and putting more than 800,000 enslaved…
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Housing 101
John Arnold points us to this table on new apartments and pointedly notes that the population of LA (18.5 m)…
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