by As previously discussed, unemployment benefits have become much harder to get than in prior cycles, which means they will go up that much less as employment slows, and also that they won’t function as an automatic fiscal stabilizer to the extent they did in prior cycles, which will work to delay a recovery: Tariff update- more to come: Trump says tariffs on China could be raised by another 0 billion if necessary Former Commerce secretary: Trump’s 5% tariffs on Mexico will go into place but not any further
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WARREN MOSLER considers the following as important: Economic Releases
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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
As previously discussed, unemployment benefits have become much harder to get than in prior cycles, which means they will go up that much less as employment slows, and also that they won’t function as an automatic fiscal stabilizer to the extent they did in prior cycles, which will work to delay a recovery:
Tariff update- more to come:
Trump says tariffs on China could be raised by another $300 billion if necessary
Former Commerce secretary: Trump’s 5% tariffs on Mexico will go into place but not any further