On MSNBC’s Morning Joe today, Steven Rattner explained the key drivers behind repeated record highs in the stock market; a strong economy is not one of them. While the number of Americans infected by the coronavirus passed 6 million last month, the stock market notched its best August in 34 years. That leaves the closely […]
Trump’s propensity to lie about the economy will be on full display this week. On MSNBC’s Morning Joe today, Steven Rattner reviewed the performance of the economy both before and after the coronavirus hit. As the Republicans take to the virtual stage for their convention this week, expect to hear much bragging about how great […]
On MSNBC’s Morning Joe today, Steven Rattner reviewed the latest employment report, which found a sharp slowdown in hiring that doesn’t portend well for the economy at large. In economics, as in life, beauty can sometimes be in the eye of the beholder. Such is the case with the economy at the moment. President Trump […]
On MSNBC’s Morning Joe today, Steven Rattner explained that while the biggest hit to economic growth may be behind us, the expansion is showing signs of slowing or even plateauing. Two economic releases yesterday shed important new light on the recent performance of the economy and its prospects for the immediate future – and the […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing the vast amounts of money being raised and spent for the upcoming 2020 elections with Democrats recently showing impressive momentum. Money isn’t everything in politics but it’s a useful barometer of the energy and motivation behind parties and candidates. And by that measure, the Democrats […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts documenting the disproportionate toll the corona crisis is taking on certain workers, particularly the less educated, the young and Americans of color. As joblessness continues to pervade our economy, some Americans are faring better than others. In particular, the less educated, the younger workers and people […]
On MSNBC’s Morning Joe today, Steven Rattner explained that despite positive jobs figures, trouble may be brewing for the economic recovery as rising COVID cases prompt renewed shutdowns. Thursday’s Labor Department report showed that June was another month of positive news on the employment front – 4.8 million jobs added and a fall in the […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing how an already slow improvement in labor market is facing new challenges from the upsurge in virus cases. On Thursday, the Department of Labor reported another agonizingly slow improvement in the jobs market last week as the nation’s economy struggles to emerge from the Covid-19 […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts explaining how the stronger-than-expected job gain in May was heavily due to Washington’s swift and massive implementation of stimulus. As economists have digested Friday’s surprising jobs numbers, the consensus conclusion as to the biggest reason for the positive news centers around the massive and quick stimulus […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing that while there are tentative signs of a turn in the labor market, the recovery will be years in the making – and for sure won’t come in time for the elections in November. As businesses begin to reopen across America, television and newspaper headlines […]
