RT @TheEconomist: We're hiring! The role would suit someone with a track record of success in digital publishing and a strategy to convert…
David Wessel Tue 02 Mar 2021 16:51

S&P: In total, there were 980 downgrades of US public-sector bonds in 2020 and 224 upgrades.
David Wessel Tue 02 Mar 2021 15:51

Yet another byproduct of the pandemic economy: "Belongings Sold At Auction As Missed Payments To Storage Sites Increase." via @NPR vhttps://www.npr.org/2021/03/02/972742614/belongings-sold-at-auction-as-missed-payments-to-storage-sites-increase?
David Wessel Tue 02 Mar 2021 14:51

To satisfy parliamentarian, Senate Democrats are revising plan to make child tax credit payments monthly or quarterly. New version proposes they be made “periodically.”Democrats still hope IRS will pay credits monthly. It’s the Senate. Don’t ask. Via ?@TaxPolicyCenter?
David Wessel Tue 02 Mar 2021 14:06

IHS Markit's estimate of monthly US GDP rose 1.4% in January, first increase since October; monthly GDP declined in November and was essentially flat in December. The increase in January was essentially accounted for by a large increase in personal consumption expenditures. https://t.co/kdIevnhTZd
David Wessel Mon 01 Mar 2021 21:25

RT @mkraju: Merrick Garland’s nomination approved by Senate Judiciary, with Grassley, Graham, Cornyn and Tillis voting with Democrats to ad…
David Wessel Mon 01 Mar 2021 20:40

RT @MollyKinder: Timely new @nberpubs working paper from @HummySong @McKennaEcon @angela_t_chen @GuyDavid_HE @asmithmc. Finds #EssentialWo…
David Wessel Mon 01 Mar 2021 18:30

RT @SadieCollective: The 2021-2022 Advisory Board is a braintrust of leaders across economics, finance, data science, and policy that will…
David Wessel Mon 01 Mar 2021 17:35

@business_econ In NABE survey: 59% of respondents anticipate nonfarm payrolls will return to pre-COVID-19 levels in 2023 or later. 27% expect this to occur in H2 2022, and 10% in H1 2022.
David Wessel Mon 01 Mar 2021 14:05

@business_econ 51%t view risks as skewed to the upside— an increase from 37% in the December survey. Less than a quarter of respondents (22%) sees more downside risks, while 25% view risks to the outlook as weighted neither to the upside or downside. From new @business_econ survey
David Wessel Mon 01 Mar 2021 14:05

RT @markmackinnon: Remarkable - Myanmar's ambassador to the UN just used a speech to the General Assembly to call on the world to support d…
David Wessel Fri 26 Feb 2021 15:47

Beyond 10% surge in personal income in Jan, other details - Increase in govt benefits is behind income surge - Real spending on goods up 5.1%, services up 0.5% - PCE inflation, up 1.5% over the past 12 months (both with and without food & energy) Link
David Wessel Fri 26 Feb 2021 14:07

RT @R_Perli: Big move in rates today. The real news is the sharp in crease in the 3yr rate. That (supported by ED futures) suggests the mar…
David Wessel Thu 25 Feb 2021 20:46

RT @CraigCaplan: Open mic on the Senate floor during Granholm vote: Schatz (D-HI) presiding to the Senate Parliamentarian: "So how did you…
David Wessel Thu 25 Feb 2021 20:06

RT @benjaminwittes: Good morning https://t.co/9OtoQ7P6Fq
David Wessel Thu 25 Feb 2021 13:06

RT @TimBartik: I participated in excellent @BrookingsInst conference on Opportunity Zones (OZs) today, organized by @davidmwessel . I discu…
David Wessel Wed 24 Feb 2021 22:45

RT @DrewLinzer: Similar numbers of Democrats and Republicans have been vaccinated so far. The difference is that unvaccinated Democrats mo…
David Wessel Wed 24 Feb 2021 18:30

RT @DrewLinzer: Coronavirus vaccine skepticism has come way down for Black and Hispanic people since last fall. Where skepticism remains hi…
David Wessel Wed 24 Feb 2021 18:30

The @financialtimes goes to the streets of Washington, D.C., to watch Lisa Fitzpatrick work to overcome COVID vaccine hesitancy among the city's African Americans Link
David Wessel Wed 24 Feb 2021 13:05

RT @RichardvReeves: A total wonk-fest on #OpportunityZones tomorrow convened by @davidmwessel feat. @kenanfikri Ed Glaeser, & so many more.…
David Wessel Tue 23 Feb 2021 19:24

RT @LukeLBarr: Perhaps the strongest moment of the hearing - Attorney General nominee Merrick Garland chokes up when he talks about his mot…
David Wessel Mon 22 Feb 2021 22:28

RT @jimtankersley: Some professional news: https://t.co/B02KTqqhz1
David Wessel Mon 22 Feb 2021 14:28

Yellen says wealth tax has “very difficult implementation” problems, points to pros/cons of FTT, but mentions more favorably ending step-up in basis, ending carried interest tax break, raising corp tax rates, closing loopholes. @dealbook
David Wessel Mon 22 Feb 2021 14:23

Goldman on inflation: We expect combination of base effects and policy effects to propel core PCE inflation to 2.5% in April and to keep it above 2% even at year-end. But we forecast payback from the expiration of policies will culminate in a sudden 25bp drop in early 2022
David Wessel Mon 22 Feb 2021 12:43

RT @TheFantaTraore: Congratulations to @TiffNFord for receiving the 2021 Sadie T.M. Alexander Award for Excellence in Graduate Studies!
David Wessel Sat 20 Feb 2021 20:06