#ECO2307 @SkylerEco’s academic aspirations are very similar to the Phillips curve in the Greenspan era: circling around and not really doing all that much!!!
Apparently I am not “hip with the trends” because I had never seen the Phillips Curve of Japan... but man was I impressed. What a day😩🔥 #Eco2307#NoClassWednesday#LastLecture
In theory the Fed. can achieve less costly disinflation by convincing the public they will reduce inflation. But how do you convince the American public of this?? #econ2307
France, Germany, and the UK’s GDP for this quater will be released this week. With this data analysts will predict if the euro will continue to decline relative to the dollar. The gap between the dollar and euro is the largest its been in 2 yrs. #eco2307
https://t.co/4h2UzfjMVt
In the first quater U.S. GDP exceeded expectations and grew at an annual 3.2%. This surprising rate is attributed to increased consumer spending, but it is not expected to last. Forecasters predict a decline to 2% GDP growth. #eco2307 https://t.co/BDowBbAStY
Xi Jinping announced that China will pursue greater economic liberalization, including granting increased access for foreign companies. This statement is probably directed at the Trump admin. and will influence upcoming trade war negotiations. #eco2307
https://t.co/W7qluMAsaM
@kamrynn_r Although capital flight causes an increase in real interest rates that shifts the NCO curve and results in a depreciation of exchange rates. #eco2307
Due to their correlation, budget deficits and trade deficits are know as the Twin Deficits. There is an inverse relationship between NX and budget deficits. #ECO2307