Inflation
This is part of our Supply Chain Monitoring series usually made available exclusively for our Premium Donors. If you’re interested in gaining access to our Premium Donor distribution, please feel free to reach out to us here for more information. The semiconductor shortage has been a major narrative throughout
Core-Cast is our nowcasting model to track the Fed's preferred inflation gauges before and through their release date. The heatmaps below give a comprehensive view of how inflation components and themes are performing relative to what transpires when inflation is running at 2%. If you are interested in
Earlier this year, the Center for Medicare & Medicaid Services (CMS) released the Advanced Notice of Proposed Rulemaking (ANPRM) for Medicare Advantage spending and methodological changes for CY 2024. If finalized, the rule would increase overall Medicare Advantage payments by 1.03%, a considerable departure from increases of 8.5%
Bottom Line: The consumer has proven to be resilient in its spending patterns in a number of respects, but real food consumption has not. Given the correction in domestic food consumption, and the potential peaking out of 'food at home' inflation, food services inflation has plausible potential to
Welcome to our State Space series. Here you will find how we’re thinking about the pathways and scenarios that could take us to critical economic states. We will never settle for "it's too unlikely." We try to reason backwards from the most important (tail-risk) scenarios,
Welcome to our State Space series. Here you will find how we’re thinking about the pathways and scenarios that could take us to critical economic states. We will never settle for "it's too unlikely." We try to reason backwards from the most important (tail-risk) scenarios,
It has now been almost exactly one year since the Fed started raising interest rates to combat inflation. When they started raising rates, the unemployment rate was at 3.6%. In February, the unemployment rate was… also at 3.6%. Even construction employment, a notoriously interest rate sensitive sector, remains
