The Economic Effects on Finance, Investing, Social Interactions, and Politics
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Global Economic Intersection (Econintersect) focuses on the economic effects on finance, investing, social interactions, and politics / public policy.  It features original economic commentary, debate, and economic analysis of economic indicators.  It features original ... more

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COVID-19: Global Update For February 14, 2021
Worldwide trends for COVID19 pandemic in terms of cases and deaths have shown improvements in recent weeks, but are the improvements temporary or an indication of more long-lasting improvements?
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The Future Of Macroeconomics
Thanks to latter-day Lucasian new-classical-new-Keynesian-rational-expectations-representative-agents-microfoundations-economists, we are supposed not to - as our primitive ancestors did - use that archaic term ‘macroeconomics’ anymore.
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January 2021 Consumers Expect Higher Spending And Home Prices Improvement
Labor market expectations continued to improve with higher expectations about job security and job finding. Home price expectations rose again in January to reach their highest level since May 2014.
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The Impact Of Business Closures On COVID-19 Infection Rates Among Essential Workers
Another issue relates to the policies concerning the closure of essential vs non-essential businesses during COVID. Essential workers carry risk without any associated risk premium.
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January 2021 Job Cuts Increase Slightly
Planned job cuts announced by U.S.-based companies rose 3.3%, to 79,552, in January from 77,030 in December.
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Challenging The Pro-Growth Market
If the market has become a deity, then it is not a benign one. When we remove the agency of policymakers and replace it with blind faith in the entity of the economy, we forget that it is an entity we constructed.
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Betting On India
6 years ago
I am a foreigner who lives in India about 6 months a year. there is a theory that a ship runs smoother if all rowers are rowing in the same direction - even if it is wrong. At this point Rajan is the rower trying to move the ship in the opposite direction. It is significantly easier to slow an economy down than speed it up - in fact, i see no evidence from anywhere in the world that monetary policy can be used to accelerate an economy. Rajan's policies are a brake on the indian economy.
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Will The Housing Market Strength Last?
The February housing market index fell from 75 to 74 in February which is still a very strong reading as the index is now 2 points off its expansion high. The housing market is quickly becoming one of the hottest areas of the economy.
Managing Debt Vulnerabilities In Low-Income Developing Countries
Government debt in some of the world’s poorest countries is rising to risky levels.
The Dominance Of Google And Facebook In One Chart
Over the next couple years, digital advertising is expected to pass television to become the largest ad market in existence.

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