On MSNBC’s Morning Joe today, Steven Rattner charted the uneven recovery experienced by the United States and its G-7 peers, highlighting how unprecedented economic relief in Washington has led to a swifter recovery, albeit one with consequences. Nearly 18 months since Covid struck, it’s time to take score with regard to how major economies […]
On MSNBC’s Morning Joe today, Steven Rattner charted the Delta variant’s mounting impact on the American economy, highlighting how depressed consumer sentiment and real-time economic indicators point to a less robust recovery than just a month ago. The Delta wave of new Covid infections has not only harmed the health of millions of Americans, it […]
On MSNBC’s Morning Joe today, Steven Rattner delved into July’s jobs report, charting the significant improvements in employment and labor force participation while cautioning that covid’s latest resurgence could hinder the economy’s near-term recovery. Friday’s jobs report was unambiguously good news – 943,000 new jobs added (the best in nearly a year) and a drop […]
On MSNBC’s Morning Joe today, Steven Rattner charted the ongoing labor shortage amid high unemployment and record job openings, noting that enhanced unemployment benefits are one of a number of causes of the workforce’s slow recovery. Job openings remain plentiful in the United States – what continues to be in shorter supply are enough workers […]
On MSNBC’s Morning Joe today, Steven Rattner charted the skyward trend in the market, highlighting the link between interest rates and stock prices that now coincides with record corporate earnings. Perhaps surprisingly, given the ongoing public health issues, the U.S. stock market has been hitting new records with regularity and for that, investors owe significant […]
On MSNBC’s Morning Joe today, Steven Rattner charted Monday’s sharp downward turn for the market, which saw investors retreat from stocks and buy Treasuries amid fears of covid resurgence, diminished consumer sentiment, and ongoing inflationary pressures. The stock market had its worst day since May on Monday as rising fears about a resurgence in virus […]
On MSNBC’s Morning Joe today, Steven Rattner charted the pandemic’s surging housing market, tough for buyers but a boon for sellers who have taken advantage of high demand and America’s ongoing housing shortage, yet another unfortunate legacy of the global financial crisis. When it comes to housing, the news is simple: a great time to be […]
On MSNBC’s Morning Joe today, Steven Rattner charted the wide gap between the economies of the United States and Russia, taking note of the latter country’s outsized military influence despite its much smaller share of global output. When President Biden sits down today (Wednesday) to meet with Russian President Vladimir Putin, he will be facing […]
On MSNBC’s Morning Joe today, Steven Rattner explored why the economy is recovering jobs more slowly than expected—and how businesses and politicians are responding. Friday’s middling jobs report – better than April but a bit shy of expectations – highlighted a conundrum of the current economic recovery: the disconnect between the demand for workers by […]
On MSNBC’s Morning Joe today, Steven Rattner charted the surge in gun purchases and gun violence during the pandemic, with recent figures portending a devastating year for mass shootings. The mass shooting last weekend in south Florida was just the latest in a depressing string of bad gun-related news. Regrettably, the nation seems to have […]
