Tag Archive: real wages

As The Fed Tapers: What If More Rapid (published) Wage Increases Are Actually Evidence of Deflationary Conditions?

2022-01-05

Since the Federal Reserve is not in the money business, their recent hawkish shift toward an increasingly anti-inflationary stance is a twisted and convoluted case of subjective interpretation.

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Weekly Market Pulse: Inflation Scare?

2021-10-11

by Joseph Y. Calhoun

2021-10-11

Bonds sold off again last week with the yield on the 10 year Treasury closing over 1.6% for the first time since early June. The yield is now down just 16 basis points from the high of 1.76% set on March 30. But this rise in rates is at least a little different than the fall that preceded it.

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Why The Japanese Are Suddenly Messing With YCC

2019-10-06

by Jeffrey P. Snider

2019-10-06

While the world’s attention was fixated on US$ repo for once, the Bank of Japan held a policy meeting and turned in an even more “dovish” performance. Likely the global central bank plan had been to combine the Fed’s second rate cut with what amounted to a simultaneous Japanese pledge for more “stimulus” in October. Both of those followed closely an ECB which got itself back in the QE business once more.

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Economics Is Easy When You Don’t Have To Try

2018-12-11

by Jeffrey P. Snider

2018-12-11

Japan GDP, Quantitative and Qualitative Easing, Jan 2008 - Mar 2018

The real question is why no one says anything. They can continue to make these grossly untrue, often contradictory statements without fear of having to explain themselves. Don’t even think about repercussions. Even in front of politicians ostensibly being there on behalf of the public, pedigree still matters more than results.

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Real Wages Really Inconsistent

2017-02-16

by Jeffrey P. Snider

2017-02-16

Average Weekly Earnings Production and Nonsupervisory August 2007 - February 2017

Real average weekly earnings for the private sector fell 0.6% year-over-year in January. It was the first contraction since December 2013 and the sharpest since October 2012. The reason for it is very simple; nominal wages remain stubbornly stagnant but now a rising CPI subtracts even more from them.

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The Inflation Lie? Why and When Inflation Will Come Back

The so-called "inflation lie" : money printing does not create inflation. The cyclical slowing in emerging markets shows that it actually did cause inflation, just not in developed economies yet.

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Swiss Economic Indicators, March 2013

2013-03-27

by George Dorgan

2013-03-27

GDP KOF Wages CPI PPI Trade Balance Consumption SECO Industrial Production Construction

Switzerland continues to see a robust economy, even if the leading KOF indicator fell to 0.99 after highs of 1.68 in September. On other side, real and nominal wages continue to increase. As opposed to the KOF value, the UBS consumption indicator is rising. This shows that the internal economy is able to balance … Continue...

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Swiss and German Economic Indicators, Update November 1

2012-11-01

by George Dorgan

2012-11-01

Swiss & German Economic Indicators, August 2012

Euro Crisis Has Affected Germany, Switzerland Still Immune Most Recent Events The Swiss SVME PMI has risen from 43.9 to 46.1. This PMI is dominated by machinery, metallurgical and electric equipment exporters organized in the Swissmem organization. As opposed to the chemical industry, they were not innovative enough to adapt to the stronger franc; but …

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Euro Crisis Has Affected Germany, Switzerland Still Immune

2012-10-26

by George Dorgan

2012-10-26

Swiss and German Economic Indicators, October 2012 Both Swiss and German economic indicators show continued signs of stability, but the German situation has become worse and might affect the Swiss. Especially low unemployment, rising real wages and strong trade balances are signs of robustness. Despite that, Germany’s industrial production is weaker than last year, …

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Economic Indicators: In Switzerland and Germany the Euro Crisis Seems to Be Far Away

2012-08-29

by George Dorgan

2012-08-29

Swiss vs. German Economic Indicators, August 2012 Both Swiss and German economic indicators show continued signs of stability. Especially low unemployment, good retail sales and strong trade balances are signs of robustness. The German trade surplus has improved compared to last year, whereas the strong franc harmed the Swiss trade surplus just a bit. …

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