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www.newyorkfed.org
| | libertystreeteconomics.newyorkfed.org
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| | Elevated inflation continues to be a top-of-mind preoccupation for households, businesses, and policymakers. Why has the post-pandemic inflation proved so persistent? In a Liberty Street Economics post early in 2022, we introduced a measure designed to dissect the buildup of the inflationary pressures that emerged in mid-2021 and to understand where the sources of its persistence are. This measure, that we labeled Multivariate Core Trend (MCT) inflation analyzes whether inflation is short-lived or persis...
| | internationalman.com
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| | Gold has served as money for centuries and across many different civilizations. It has always been an inherently international asset. Buying gold is perhaps the easiest step you can take toward internationalizing your savings. The next step is to store that gold in a safe foreign jurisdiction.
| | libertystreeteconomics.newyorkfed.org
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| | The spread of misinformation online has been recognized as a growing social problem. In responding to the issue, social media platforms have (i) promoted the services of third-party fact-checkers; (ii) removed producers of misinformation and downgraded false content; and (iii) provided contextual information for flagged content, empowering users to determine the veracity of information for themselves. In a recent staff report, we develop a flexible model of misinformation to assess the efficacy of these ...
| | awealthofcommonsense.com
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| This year has been kind to stock and bond markets around the globe: But I'm sure there are some investors who hate to see the bond performance holding their portfolio back when stocks are doing so well. If we zoom out to the past year - which includes the brief bear market in late-2018 -...