On MSNBC’s Morning Joe today, Steven Rattner charted Russia’s surprising economic resiliency, which could allow it to both withstand sanctions and increase its military spending. John McCain famously once described Russia as “a gas station masquerading as a country.” That is still somewhat true but while Russia remains a small economy – smaller than Canada’s […]
On MSNBC’s Morning Joe today, Steven Rattner charted ongoing trends in the housing market, highlighting how a surge in demand, years of underbuilding, and record-low mortgage rates have contributed to one of the hottest real estate markets on record, adding significantly to the current surge in inflation. The government released new inflation figures yesterday showing […]
On MSNBC’s Morning Joe today, Steven Rattner charted yesterday’s collapse in Facebook/Meta’s stock, explaining what led to the selloff and noting which other technology firms have also fallen far from their peaks. Meta (formerly known as Facebook) set a new record yesterday – the largest single day loss of market value in stock market history. […]
On MSNBC’s Morning Joe today, Steven Rattner charted President Biden’s first year in office, highlighting accomplishments, like job growth and judicial appointments, that have been undermined by the highest inflation in decades. President Biden has just passed the first anniversary of his inauguration with some significant economic and broader accomplishments, as well as some continuing […]
On MSNBC’s Morning Joe today, Steven Rattner explained how forecasters missed the highest inflation in four decades and how wage gains for American workers, while more than welcome, have been outstripped by price increases. Wednesday’s Consumer Price Index may have been as expected but it was still bad; year-over-year inflation accelerated from 6.8% in November […]
On MSNBC’s Morning Joe today, Steven Rattner explained why Democratic senator Joe Manchin III of West Virginia ultimately decided to vote “no” on President Biden’s Build Back Better plan and why that doomed the multitrillion dollar package. President Biden’s Build Back Better plan may have been on life support for the past couple of weeks […]
On MSNBC’s Morning Joe today, Steven Rattner charted recent progress in alleviating supply chain bottlenecks, highlighting declines in port congestion and shipping costs while assessing the impact that labor shortages have had on the movement of goods across the country. It’s still hard to get a new iPhone quickly but the good news is that […]
On MSNBC’s Morning Joe today, Steven Rattner charted how inflation has made its way to the Thanksgiving dinner table, adding to the fears that Americans have about rising prices. As Americans sit down for Thanksgiving dinner on Thursday, inflation will be in the air – and on the table and pretty much everywhere else. Last […]
On MSNBC’s Morning Joe today, Steven Rattner charted the budgetary impacts of the House-passed Build Back Better Act, a bill filled with worthy programs and policies but lacking in much-needed fiscal discipline. There’s much to like in the House-passed Build Back Better plan: the child tax credit, universal pre-K, paid family leave, prescription drug pricing […]
In light of Friday’s strong jobs report, on MSNBC’s Morning Joe today, Steven Rattner charted the labor market’s ongoing recovery, highlighting the continued gap between available jobs and workers as well as the duel between rising wages and rising prices. In the search for villains in last Tuesday’s disastrous election results for the Democrats, many […]
