Jonathan H. Todd

Finance, Investing, Economics

Tag: economics (page 1 of 9)

Corporate profits surged in Q4 2016. What does that mean for stocks?

Last week’s GDP report caught headlines for the weak economic growth in Q1. But a less-discussed part of the report was the surge in corporate profits in the fourth quarter of 2016.

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Americans might be too optimistic about the U.S. economy. For now.

Where GDP goes, consumers follow.

Yesterday the Commerce Department reported that the U.S. economy grew at a 0.7% annualized rate in Q1, below estimates of 0.9%. There were some positive underlying trends within the report, but the market took this as a disappointment.

The bigger worry is that the GDP report and the University of Michigan’s Consumer Sentiment – which measures how people feel about the prospects of economic growth and their own budgets – track each other.

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What the real fed funds rate says about the U.S. economy

The real fed funds rate has sat below zero since the Financial Crisis. What does this mean for the U.S. economy?

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The 3 charts to start your day: Le spread, Trump’s economy, and the retail apocalypse

Good morning. Here are 3 charts that are driving the chatter around finance, investing, and economics today.

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When political consolidation hurts: Brexit version

Theresa May should get a full vote of confidence from the Tories, but will that actually result in real policy? Ask Donald Trump.

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Where Does the Dollar Go From Here?

The dollar has become the bellwether for the Trump administration’s economic policies, but it’s unclear where the greenback will go from here.

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Watching the Post-Election 2/10 Spread

The spread between 2-year and 10-year Treasuries provides a good benchmark for how investors feel about the Trump administration.

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Economic Growth Matters. So Does Inequality.

Politicians should focus on growing the economy to help those left behind. But that’s not enough – inequality still looms large over capitalism.
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Make Political Economy Great Again

Economics has isolated itself to pure mathematics. We could use a bit more political economy, the philosophical style of yesterday’s economists like Schumpeter and Marshall.

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The Universal Basic Income Crowd is a Cult. But So Are EITC Expansion Supporters.

Support for the UBI is often irrational, but the EITC also has its warts. Both change incentive structures around wages, which can bring big economic risks.
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