NumberNomics
NumberNomics | Steve Slifer | Economist, Public Speaker, Writer, Economics Educator | Charleston, SC I have been an economist for almost 40 years. Economics.
I began my career by spending a decade at the Federal Reserve in Washington, D.C. That was followed by more than 20 years as the Chief U.S. Economist at Lehman Brothers. During that time I discovered that I had a passion for what I was doing. I loved it, and I was pretty good at it. It was challenging, exciting, rewarding -- and sometimes humbling. I loved developing our forecasts along with our t
10/18/2019
We will learn a lot more about the economy and the Fed’s policy stance in a short 3-day window at the end of this month – our first look at third quarter GDP growth on Wednesday morning, October 30, followed a few hours later by the Fed’s latest interest rate decision, and on Friday by the employment data for October which will give us a peek into how the fourth quarter is beginning. In the wake of all that news we are likely to conclude that the economy is not in danger of slipping into recession any time soon, and that the Fed’s recent rate cutting initiative has come to an end.
To read the whole article click on the link below:
Data May Lift the Veil of Pessimism | NomicsNotes from NumberNomics Data May Lift the Veil of Pessimism by sslifer | Oct 18, 2019 | Commentary for the Week, NumberNomics Notes | 0 comments October 18, 2019 We will learn a lot more about the economy and the Fed’s policy stance in a short 3-day window at the end of this month – our first look at third quarter GDP ...
09/27/2019
We continue to believe that GDP growth is not nearly as soft as what others seem to anticipate. At the same time the inflation rate is on the rise. If that is true, the Fed may not cut rates one last time in December. Our sense is that the funds rate will be steady at 1.9% through the end of 2020. But with the inflation rate rising long-term interest rates should rise. Expect the 10-year note to climb from 1.7% currently to 2.5% by the end of next year.
You can see our latest forecasts for GDP growth, inflation, and interest rates on our website as well as a piece about the future of the housing market:
Happy reading!
NumberNomics Notes | NomicsNotes from NumberNomics Housing Sector Rebounding, But It Cannot Go Far by sslifer | Sep 27, 2019 | Commentary for the Week, NumberNomics NotesSeptember 27, 2019 There is ample evidence that the housing sector is on the mend following its steady slide over the course of the past year. The improvement reflects a drop to nea...
09/24/2019
Here is the piece I wrote last Friday. Inflation may not be dead. See what you think. Click on the l ink below.
https://numbernomics.com/the-seeds-of-inflation-are-beginning-to-sprout/
The Seeds of Inflation are Beginning to Sprout | NomicsNotes from NumberNomics
12/07/2018
Here are a few pic's from Thursday's Economic Outlook Conference at the Daniel Island Club. Thanks to all who attended. If you have any questions contact me.
Happy holidays.
Daniel Island Club
12/06/2018
06/01/2018
On Vacation This Week » NomicsNotes from NumberNomics Economics. Explained.
05/24/2018
Focus on the Magnitude of the Trade Deficit is Misplaced » NomicsNotes from NumberNomics Economics. Explained.
05/18/2018
The Burden of Tighter Credit Standards Falls Largely on the Young » NomicsNotes from NumberNomics Economics. Explained.
05/11/2018
Is $70 Oil a Problem? Not Really. » NomicsNotes from NumberNomics Economics. Explained.
05/04/2018
Wages Pressures Accelerate – Inflation Not so Much » NomicsNotes from NumberNomics Economics. Explained.
04/27/2018
Two Pieces to Read This Week » NomicsNotes from NumberNomics Economics. Explained.
04/27/2018
Bond Yields Climb to 3% — But No Sign of Recession » NomicsNotes from NumberNomics Economics. Explained.
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