Good morning.The US retail sector is sort of the Nikkei of US sectors…
Interesting piece by the Fed on the use and misuse of the employment-population ratio
Some more on UK vs US, labour productivity and robotics by Martin Wolf…
…and here is a podcast by one of the authors of the book mentioned by Wolf
CBO expects US budget to drop below 3%: finally they can join the euro!
And from the same source comes this one. Probably needs some explanation…
S&P500 ≠ Nominal GDP
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