by J Thomas Knight | Jan 24, 2023 | Commentaries
Commentary: Week of January 23, 2023 First, the good news: we estimate that real GDP grew at a solid 2.8% annual rate in the fourth quarter. But you shouldn’t dwell on the solid GDP report that comes out Thursday. Why? Because the report shows what’s going on in...
by J Thomas Knight | Jan 24, 2023 | Commentaries
Commentary: Week of January 17, 2023 We wrote last week about the soft landing that markets now seem to expect. If the US does have a soft landing it would be because the Federal Reserve tightened enough to slow inflation, but not enough to throw the economy into...
by J Thomas Knight | Jan 10, 2023 | Commentaries
Commentary: Week of January 09, 2023 Not long after Friday’s Employment Report multiple analysts and commentators were calling it a “Goldilocks” report, by which they meant it showed that the economy was neither “too hot” nor “too cold,” but instead, “just right.” In...
