The Economy: Greater Strains Have Become Evident

The recent news on the economy confirms that the labor market continues to tighten, even though 7-1/2 million fewer people were employed in May than at the onset of the pandemic. Strains in the labor market are holding down gains in employment and growth in output and placing upward pressure on inflation. Indeed, hiring problems … Continue reading The Economy: Greater Strains Have Become Evident

Podcast – Live With Glatt Consulting Group, Inc.

https://www.youtube.com/watch?v=ARYv4j_4yy0 In this podcast Tom Glatt, Jr. and Matt Griffiths (of Glatt Consulting Group) dive into economics, in particular what to expect in terms of inflation and interest rates. Dr. Thomas Simpson joins as a special guest. Dr. Simpson spent most of his career at the Board of Governors of the Federal Reserve System in … Continue reading Podcast – Live With Glatt Consulting Group, Inc.

The Economy: What Can Slow This Train?

The recent news on the economy, especially on the labor market, is confirming that a head of steam is building. Fortunately, the upbeat news has extended to the sectors hit hardest by the pandemic (owing importantly to fear and governmental restrictions)—notably, hotels, restaurants and bars, entertainment, and airlines. As noted in previous commentaries, the economic … Continue reading The Economy: What Can Slow This Train?

The Economy: There’s Plenty of Fuel in the Tank

Although the statistical evidence has yet to provide widespread confirmation that the economy is accelerating, there is a growing list of indicators that point to an imminent boost to economic activity. To a degree, the upturn has been restrained by disruptions from supply chain difficulties and unusually severe winter weather in key portions of the … Continue reading The Economy: There’s Plenty of Fuel in the Tank

The Economy: Spring is Just Around the Corner

Anemic job gains in January and stubbornly high new claims for unemployment insurance have led many to conclude that the economic recovery has stalled out and that more fiscal stimulus is needed to jump start the economy. It should be noted that the employment report for January contained some encouraging signs, and the economic fundamentals … Continue reading The Economy: Spring is Just Around the Corner