Summary:
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still trending higher. No sign of recession here: The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still trending higher. No sign of recession here: The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Trump’s dictatorship is a fait accompli
Peter Radford writes Election: Take Four
Merijn T. Knibbe writes Employment growth in Europe. Stark differences.
Merijn T. Knibbe writes In Greece, gross fixed investment still is at a pre-industrial level.
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared?
Still a very high number- well above pre-Covid levels:
Back to pre-Covid trend line:
A slight decline for the month but still trending higher. No sign of recession here:
The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated: