Joelle Gamble Explains the Confusing State of the US Labor Market
The unemployment rate is down to 3.5%, which is far lower than just about anyone thought it would be a year ago. So that's great. On the other hand, measures of labor force participation are below whe...
29 Elo 202244min
Helene Meisler On What's Going On With the Stock Market Now
The Federal Reserve is in tightening mode. And there's that old adage "don't fight the Fed" which means in theory it's a bad time for stocks. And yet we saw a surprisingly powerful rally off the botto...
25 Elo 202248min
How Stablecoins Became a Powerful Force in Crypto
In theory, what gets people most excited about crypto is lines going straight up. But one of the biggest successes in crypto is the rise of stablecoins. Basically, stablecoins allow people to hold dol...
22 Elo 202258min
This Is What Actually Determines the Price of A Gallon of Gas
Gas prices are central to everything these days. Biden's approval rating seems to move inverse with the price of gasoline. The entire market started rallying after gasoline prices started moving lower...
19 Elo 202234min
This Is the Case for Building a More Robust Power Grid
Thanks to surging energy costs and extreme weather events, there's a greater urgency to decarbonize the electricity grid. However, it's not enough just to add more solar panels, or wind turbines or ev...
18 Elo 202250min
Just How Bad Will the Energy Crisis Be in Europe This Winter?
As everyone knows, electricity prices in Europe have soared, due to a combination of factors, most prominently Russia's war in Ukraine and the curtailing of natural gas supplies. But how bad is it goi...
15 Elo 202258min
Pimco's Dan Ivascyn on the State of Markets Right Now
Markets have staged an impressive bounce since the middle of June. Stocks are way up. Credit spreads have come in. Mortgage rates have tightened again. And long rates have mellowed out. So is the coas...
11 Elo 202246min
Jan Hatzius on the Narrow Path to Avoid a Hard Landing
The multi-trillion dollar question for the US economy is “Can inflation drop to the Federal Reserve’s target without a substantial jump in the unemployment rate?” Everything is riding on this, as it i...
8 Elo 202259min
