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Coronavirus: A statistician’s nightmare
Sampling errors related to coronavirus containment policies likely mean the economy has been hit harder that the data suggest.
The fiscal cliff, global edition
If the economies of the world undertake $6 trillion in deficit spending for fiscal stimulus this year, what happens next year, if the stimulus is not renewed or increased?
U.S. employment report: The good, the bad and the ugly
While the May bounce in payrolls was welcome, it barely made a dent in the road to job recovery.
If the economies of the world undertake $6 trillion in deficit spending for fiscal stimulus this year, what happens next year, if the stimulus is not renewed or increased?https://t.co/n6E9nrfVFL
Mobility data suggest China's economy reached the point of maximum compression at end-February, six weeks before the US and EU economies came to a full stop. Barring a second wave of infections the recovery should continue... so we'll be watching the Beijing outbreak carefully.
Catch @cbweinberg on Bloomberg Radio at 10:45 EDT today with @ptsweeney and @lisaabramowicz1.
The U.S. economy may have moved past the point of maximum compression in May, but the destruction to incomes and household balance sheets from permanent job losses will cause lasting harm to consumers, the backbone of the economy.
Sampling errors related to coronavirus containment policies likely mean the economy has been hit harder that the data suggest.
https://t.co/3pJhFj9Kw4