It has been a decade since the last inflationary debate, and a generation since the Central Bank last lost control of price stability. With the recovery well underway and an unprecedented amount of fiscal stimulus still making its way through the economy, the U.S. may...

Hiring Slowdown Theories The April BLS Jobs Report represented one of the most disappointing releases in recent memory. Private nonfarm payrolls grew by just 266k from the month prior— a whopping 721k below Bloomberg’s reported consensus forecast. Once the bad news...

GDP According to the Bureau of Economic Analysis, Real GDP increased at a seasonally adjusted annualized rate of 6.4% during the first quarter of 2021. Personal consumption expenditures (PCE), a sub-component of GDP output, rose at an annualized 14.6% in the first...