Economy
What is the Wage Inflation Relationship Telling Us?
There are many employment statistics that play second fiddle to the headline U-3 data but two of them, the employment cost index and average hourly ……Read More
Economy
Economy
The Easy Oil Is Gone So Where Do We Look Now?
In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil ……Read More
Economy
Why Oil Prices Must Go Up
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find ……Read More
Economy
Financial Stress Indicators Predicting Economic Health
There is one relatively little reported on economic measure that can give us a sense of where the economy is headed and that allows economists ……Read More
Economy
Oil’s Survival Of The Fittest: Interview With Stan Szary
With crude oil prices collapsing and small American oil producers faced with grim choices for survival, the Darwinian nature of commodity market cycles rears its ……Read More
Economy
The Dangers of Private Sector Credit Overgrowth
A paper by Moritz Schularick and Alan Taylor at the National Bureau of Economic Research (NBER) entitled "Credit Booms Gone Bust: Monetary Policy, Leverage Cycles ……Read More