Unexpected Huge Negative Revisions to First-Quarter...
The BEA revised GDP lower by 0.3 percentage points. The
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Stochastic Trend: Annual Review 2024
I’ve been doing these annual reviews since 2011. They’re mainly
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The human benchmark is typically unimpressive...
If you ever read a claim of an AI outperforming
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Reserves and Where to Find Them
Gara Afonso, Marco Cipriani, JC Martinez, and Matthew Plosser Banks
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Supply of Post-discharge Care: A Key...
Background The days and weeks after being in the hospital
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MacroMania: Constrained efficient inflation
I haven’t had time to do much blogging lately. But
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A Better Stablecoin on a Perp...
Creating a stablecoin position on a perp exchange is hard,
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