Can Central Banks Fix the Economy? Summary of Podcast Ryan and Louis discuss the initial jobless claim data released this week. Louis points out that fewer people not losing their jobs is not the same as people getting jobs. Louis and Ryan discuss St. Louis Federal Reserve President James Bullard’s recent statement on tapering and … Read More →
Why Are Interest Rates Rising? Summary of the Podcast Ryan reviews the ADP employment and the Bureau of Labor Statistics report the latter showing poor job growth while the former showed good job growth. Louis notes that the BLS report was not good as half new jobs were in retail or restaurants and there was … Read More →