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Jerry Jordan

The Inflation Tax

Can you name an official at a major central bank who expresses worries that inflation is now, or soon will be, too high?  Can you identify any financial publication–even the Wall Street Journal–that does not report that recent inflation data have been “disappointing?” To paraphrase former President Nixon, are we “all inflationists now?” Twenty years […]

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Robert Hughes

Initial Claims for Unemployment Insurance Fall Again While Leading Indicators Rise

The latest data on new filings for unemployment insurance suggest the labor market remains tight. Data from the Employment and Training Administration within the Department of Labor show initial claims for new unemployment insurance fell to 233,000 for the week of July 15. The weekly result is down from a revised 248,000 in the prior […]

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