Many older Americans reacted to the financial crisis of 2008 by deciding not to retire. Some who had retired went back to work if they could do so. And that […]
Author: Floyd Norris
A Lost Four Years, But Better Than Hoover
The United States may be on the verge of an unfortunate accomplishment rarely reached in the last century: a presidential four-year term in which real per capita GDP was lower […]
NYT > Business > DealBook
NYT > Business > DealBook
2 days ago
Sorkin: How Investors Are Addressing Racial InjusticeView More
NYT > Business > DealBook
NYT > Business > DealBook
3 days ago
Sorkin: A Beverly Hills Hotel, Bought With Looted Money, Goes on SaleView More
A Tale of Two Sectors
The private sector added jobs in May almost everywhere in the United States. The public sector lost jobs, also almost everywhere.
Those two trends seem likely to persist in the […]
Republican View of Economy: Getting Worse, But Still Better than Obama
Just how bad is the economic outlook? These days the answer seems to depend on the politics of the person being asked.
The Bloomberg Consumer Comfort Index is released weekly, […]
Votes, deaths and layoffs
There are 50 states, but only 13 where the 2016 presidential election was decided by a margin of less than eight percentage points. Six of them went for Hillary Clinton […]
Market Volatility
Get ready for another crazy month on Wall Street. Months like March tend to come in pairs, at least as far as volatility goes.
Daily moves of 4% or more […]
The best kind of stimulus
No sooner was the ink dry on the March 27 $2 trillion stimulus package than Washington began work on the next stimulus. This is the right thing to do. Deficit […]
COVID-19 Data: Signal versus Noise
Two burning questions confront all of us:
How big is our public health problem?
How sharp is our economic retrenchment?
We think that the toolkit of economic forecasters has something […]
Embracing Distancing and Cushioning the Blow to the Economy
The global COVID-19 outbreak now sports exponential growth rates for cases and deaths on every continent save Antarctica. Students of the economy must add that we are also in the […]
Oily Disaster
The United States has become the world’s largest oil producer. That honor is likely to vanish, and with it a lot of companies.
If so – and it is almost […]
Trump stocks
President Trump has frequently pointed to the performance of the stock market in praising his own performance, although not in the past week when markets worldwide came down with (fears […]
Memo to the Fed: Remember 2008
One thing I learned during more than 40 years as a journalist is that the power to set the terms of the debate sometimes can be decisive in determining the […]
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