Texas Economic Report: Inflation, Recession, and Oil
People take it for granted that inflation is bad and that only the Fed can fix it. Is that even true? A crash is coming due to rising interest rates.
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People take it for granted that inflation is bad and that only the Fed can fix it. Is that even true? A crash is coming due to rising interest rates.
Federal this, recession that. Deficit this, “hard landing” that. Let’s put “stagflation” in a cage match with “rising mortgage rates” and see who wins.
In this week’s Texas Economic Report from Dr. Jack Reynolds, the signs continue to point to dark economic times ahead.
Pundits are divided about the economy, and the data and reports are divided also. Texian Partisan’s Dr. Jack Reynolds brings the highlights and commentary on today’s Texas Economic Report.
Larry Summers urges the Fed to keep raising rates – and warns that hiking too slowly risks an economic disaster: “[I]f the Fed is serious about curbing inflation, [Obama’s Treasury Secretary Larry...
The Texas grid nearly lost power in February 2021, and the past is prologue, is it not? Legislative hearings continue between grid operators, regulators, and our legislators.
Here are some highlights of economic news this past week, carefully curated and quickly summarized with a quote or two, with links to more information.
Bad times are here, and worse times are coming. And it was all predictable. Worse, it was avoidable.
If there was ever any doubt that Texas could survive and thrive as an independent nation, recent developments in the area of Rare Earth Elements (REE) is a sure sign that it...
On February 16th, 4.4 million Texans had no power in their homes in the middle of an unprecedented Arctic storm. How could this happen in the most energy-rich State in the Union?
The greatest threat to Texas from COVID-19, economically speaking, is perhaps the effect on its previously booming oil industry.
This pandemic scares me. Not the virus itself, but the global response to it. I am an economist by degree and an economics professor by profession.