And looking ahead to the next monthly jobs report, due the Friday before the election, Moody’s sees the unemployment rate ticking back up to 7.9 percent in Octoberįrom the 7.8 percent reported (and, by some, derided)įor September, with net job growth totaling 145,000, up from September but only average for the year. soon.”įor starters, they say, “we don’t put much stock in the latest sharp drop in initial claims for unemployment insurance,” which fell by 30,000 in the weekly survey on Thursday. economy will top 2 percent annualized growth in G.D.P. “The latest employment data look a little better,” Mark Zandi and Ryan Sweet write in a commentary, “but But its economists add a splash of cold water to some of the numbers
New york times economix update#
Cutting interest rates will not change this basic situation.Ī weekly tracker.Moody’s Analytics hasn’t changed its near-term forecasts this week in its latest update to our weekly pre-election jobs tracker. The problem is fundamental, tied to the imbalance caused by irrationally high home prices and declining optimism that the prices will go higher. We thus have the beginnings of a mortgage crisis. As price expectations fall, homeowners lose the incentive to pay off a mortgage on a home they are realizing is beyond Year - a number that is likely to decline further if prices continue to drop. Prices have been falling, and our survey over the last few months shows that in Los Angeles and San Francisco, the median 10-year expected price increase among recent home buyers has come down to 5 percent a Here are excerpts from some of his Sunday columns that diagnosed the turn in theĮconomy, with a postscript from his most recent column assessing the lessons learned - or not. Wisdom of the time, he also suggested that the housing downturn could help bring down the financial markets and the economy. Shiller notably called attention to the bubble that had inflated the housing sector and explored the psychology - not always rational - that was driving the markets. He started in that role as the downturn in the housing market, which he had been calling attention to, was being increasingly Has been a regular contributor to the Sunday Business section of The New York Times. Shiller, one of this year’s Nobel laureates in economic science,
Shiller at a news conference Monday in New Haven after being named a Nobel laureate. And keep trying – you have to be in the market to succeed in the market! That may not be your problem, A.D.L., but get an objective view of your profile just in case. Lucky for me, she saved me from letting statistical discrimination and false assumptions ruin my datingĮxperience. Have assumed that anyone who had two small dogs was exactly like my image of people with two small dogs. She did not mention the dogs on her profile and, if she had, I probably never would have contacted her because I would To give youĪn example, my girlfriend had two pugs (ugly little dogs with flat faces) when we met.
Ask that person what assumptions he/she is making about you. In economics terms, online dating is one big game of hidden information and “statisticalĭiscrimination.” I would have someone else look at your profile – preferably someone who does not know you very well. Read your profile, they take in the information you give and they also make assumptions about the things you do not say. There are likely to be people for whom online dating is not a good fit. I’m sorry your experiences have not been more positive.
0 kommentar(er)
