If a chart gets retweeted 86 times, it is safe to say that the topic in question has touched a nerve in Twitter finance. The chart above had that distinction. The topic it highlighted thus deserves a post. So here … Continued
Velocity of money one of two components to determine GDP Six years into U.S. economic recovery, velocity remains way suppressed Inability of velocity to rise during monetary expansion raises disinflation/deflation risks It is troubling how this late into the cycle, … Continued
The release of February’s commercial and industrial loan data ensued a lot of excitement. ‘Finally!’ was the typical reaction. The $36bn increase (to $1.67tn) was the largest month-over-month rise since October 2008. March data just came out, and we learn … Continued