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Last week, vaccine optimism immunized investors against signs of economic weakness.
In previous commentaries we’ve written about narrative economics, which holds that popular stories may affect individual and collective economic behavior.…
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The U.S. economy is like a semi-trailer truck.
No one likes being stuck behind a semi at a stoplight because big trucks don’t go from zero to 60…
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Vaccine can be a powerful word.
It’s worth 14 points in Scrabble (42 on a triple word square) and, last week, it was worth a whole…
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It’s said markets hate uncertainty, but that wasn’t the case last week.
Despite tremendous uncertainty about the outcome of the United States election, major domestic and international stock indices moved higher and…
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Last week, financial markets and economic data told very different stories.
Reviewing economic data is a bit like looking in a rearview mirror. Typically, it offers information about what is behind…
