Commentary

Thoughts on the Latest Economic News

After Office Hours Podcast

Latest Episodes

Questions? Comments? Drop us a line!


Facebook

What We Are Following in the News

This week: Monday: Cyber Monday. Tuesday: Giving Tuesday. Thursday: The Labor Department reports weekly jobless claims

Why you may not want lower prices as much as you think you do. Though Americans might be clamoring for relief on groceries, housing and energy costs, economists say there’s a bigger downside to falling prices. https://buff.ly/O9DPWI7

WSJ has this interesting article about how the nature of work has changed in the US in the last 250 years. https://buff.ly/7eFJypw

City officials knew that remote work would change the economics of their downtowns. But the full effect is only just appearing, as office leases signed before the pandemic expire. https://buff.ly/S4TpDsl

In the 1940s, with its manufacturing at record levels thanks to World War II and much of the rest of the world suffering mass destruction, the US enjoyed gigantic trade surpluses. After all, it was the only power capable of supplying goods all over the globe. In the next few years, China will surpass that record.

This may be interesting to watch in the US savings data: American teens are investing in stocks for their future home and retirement, sometimes encouraged by parents who wished they started investing earlier. https://buff.ly/jBMUHTh