Heterodox
– by New Deal democrat Especially in view of the relative weakness in the jobs report for the past few months, my focus continues to be on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether there is further decline towards a recession. For this month at least, the verdict was clear: both the Establishment and Household Surveys pointed to “soft landing.” Below is my in depth synopsis....
Read More »