
Productivity is America’s Secret Weapon
Productivity has been steadily improving over the past two years. In the third quarter of 2025, it accelerated to a 4.9% clip from 4.1% in

Productivity has been steadily improving over the past two years. In the third quarter of 2025, it accelerated to a 4.9% clip from 4.1% in

As a rule, the financial markets respond to macroeconomic forces like changes in employment, inflation and productivity, plus monetary forces like changes in the money

Whatever happens in 2026 and beyond will be entirely dependent on whether recent productivity growth, which has registered average gains of 2.2% a quarter since

Both the stock and bond markets cheered the Fed’s 3rd straight rate cut, but cutting rates further will be hard to do, even though the

From 4 p.m. on Sunday to Tuesday afternoon, the price of a bitcoin dropped 8% to $84,000 and then rebounded fully by Wednesday, without any

Release of the official estimate of the real gross national product for Q3 – a key measure of overall level of economic activity – will
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