Economics Today is a discussion group where the participants define economic trends based on published data. Sources include: Wall Street Journal, Morningstar, Zerohedge, Bloomberg, and others.
The Phillips Curve has been distorted because the outsize job losses among low-wage employees resulted in higher average pay for remaining workers. More on Phillips Curve.
► TRENDS
Have Americans cut back on credit card debt?
► PANDEMIC PEAKING
More Details at Pantheon Macroeconomics.
► UNITED KINGDOM
Pound is back to pre-crisis levels. Could this be due to the weak dollar?
► EUROZONE
► ENERGY
Brent crude 20 day realized volatility is at the lowest level of the year.