The Overshoot

Home
Archive
About
NewTopDiscussion
Bad things lead to more bad things. But (some) bad things can be fixed.
Matthew C. Klein
19
2
The details of the data continue to be confusing and contradictory. But the economy is almost certainly slowing even if it hasn't yet started shrinking.
Matthew C. Klein
16
5
Squeezed consumers and homebuilders are forcing up the trade surplus via stagnant imports. And higher lending to local governments likely reflects…
Matthew C. Klein
19
1
Either corporate profits are being grossly overstated, the trade deficit is much narrower than implied by customs data, or business investment is being…
Matthew C. Klein
14
3
The appropriate response depends on the cause of the problem.
Matthew C. Klein
16
2
Putin unwittingly pushed us into a new world. How will it change behavior?
Matthew C. Klein
10
2
Federal Reserve officials want to reduce businesses' demand for workers to put downward pressure on wage growth and contain inflation. Yet the pace of…
Matthew C. Klein
10
2
Banks' deposits at the Federal Reserve have dropped by about $1 trillion since the end of last year. The impact has been borne primarily by U.S.-based…
Matthew C. Klein
13
1
More stuff where it's possible, less demand where it's not.
Matthew C. Klein
15
10
Consumer prices rose rapidly in June. But many of the forces blamed for inflation are moving in the other direction.
Matthew C. Klein
14
The goal is to limit Russian imports. Existing measures already did that. The new oil sanctions will add some to the pressure, but at substantially…
Matthew C. Klein
10
1
It has been eight years since Russia last invaded Ukraine. What has changed, and what has not?
Matthew C. Klein
17
3
© 2022 Matthew C. Klein
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing