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Notayesmanseconomics's Blog

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Notayesmanseconomics's Blog

10.09.2025

Argentina faces problems with both trade and financial markets | Notayesmanseconomics's Blog

It is time to take another look at the economy of Argentina, partly because people have been asking me and partly because yesterday brought some developments. Argentina’s stocks, bonds and currency tumbled on Monday after President Javier Milei’s party lost by a landslide in elections for the country’s largest province, ahead of midterm national polls…

Notayesmanseconomics's Blog

11.09.2025

The US money supply does not back the case for interest-rate cuts | Notayesmanseconomics's Blog

Over the last week or so we have seen quite a change in the economic data coming out of the US in an area the Federal Reserve looks at closely. Yesterday saw this from the Bureau of Labor Statistics. The economy added 911,000 fewer jobs (or -0.6% of total employment) than initially reported during the…

Notayesmanseconomics's Blog

12.09.2025

A “Budget Board” is not a policy for UK economic growth | Notayesmanseconomics's Blog

This has not been a good week for the UK government and its plans for economic growth. US drugmaker Merck has scrapped a £1bn London research centre and will lay off more than 100 scientific staff, as the industry accuses ministers of making the UK uncompetitive and paying too little for medicines. ( Financial Times)…

Notayesmanseconomics's Blog

13.09.2025

UK GDP and inflation expectations numbers suggest we are mired in stagflation | Notayesmanseconomics's Blog

Today's economic data  for the UK opens by rather emphasising yesterday's subject and why Prime Minister Kier Starmer is not only putting more emphasis on economic growth he is rather sidelining his Chancellor Rachel Reeves. Monthly GDP is estimated to have shown no growth in July 2025, following growth of 0.4% in June 2025 and…

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