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Post-pandemic inflation fears are overblown

Post-pandemic inflation fears are overblown The deflationary forces of technology and the brave new future of work are more important than the transitory price hikes coming through in current data. Share Too much in our market system revolves around the short term. That certainly holds true for the debate about inflation. Last week’s data showed US prices rising at their fastest pace in 13 years. That has led everyone from top investors to restaurant and hotel owners, who are now finding that...
United States Daniel Alpert Joe Biden New York Bay Area Westwood Capital
Source: afr.com

On The Money: Inflation spike puts Biden on defensive | Senate Democrats hit spending speed bumps | Larry Summers huddles with WH team

ADVERTISEMENT THE BIG DEAL—Spiking inflation weighs on Biden economic agenda: A surprising June spike in inflation has created another obstacle for President Biden Biden and congressional Democrats are taking steps toward passing both a bipartisan infrastructure deal and a much larger party-line bill before the end of August, all while needing to raise the federal debt limit. But new data shows there was an unexpected surge in consumer prices, putting the White House on the defensive after we...
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Why Americans Don't Want To Return To Low Wage Jobs

NPRs Steve Inskeep talks to investment banker Daniel Alpert, a senior fellow in financial macroeconomics and an adjunct professor at Cornell Law School, about the pandemic economy and low wage jobs.
Daniel Alpert Steve Inskeep Cornell Law School டேனியல் ஆல்பர்ட் ஸ்டீவ் இனஸ்க்கீப் கார்னெல் சட்டம் பள்ளி
Source: npr.org

Commercial Real Estate, Mall, Hotel, Office Collapse Will Drag US Economy

Joe Raedle/Getty Image Commercial real estate — hotels, malls, offices — are facing down massive post-pandemic problems. We can all see the work from home and ecommerce trends coming and the CRE disaster seems like a slow motion trainwreck. And that trainwreck could drag the rest of the US economy down with it. This is an opinion column. The thoughts expressed are those of the author. Back in 2016, a colleague of mine, Michelle Wuc ker, published a terrific boo...
New York United States Payment Protection Program Str Inc Michelle Wuc Gray Rhino

The U.S. Private Sector Job Quality Index (JQI)® February 2021

The U.S. Private Sector Job Quality Index (JQI)® February 2021 Share Article U.S. Private Sector Job Quality Index Revised to 81.58, from Previous Month - Reflecting a Lower Proportion of Low Quality Production and Non-Supervisory Jobs Relative to the Total of All Such Jobs. More workers in Low Quality jobs who were laid off during the peak crisis months, returned to their jobs starting in mid-year and through the fall of 2020, were again laid off in November 2020 through January 2021. This tr...
United States Daniel Alpert Jackg Clarke Program Global Institute For Sustainable Prosperity Cornell Law School Jqi Ip Holdings
Source: prweb.com

Will Biden stimulus, spending package end in runaway inflation? No!

Drew Angerer/Getty Images Both the COVID relief package and the infrastructure stimulus will not result in high inflation. Theres no reason to fear overheating of the economy. Dan Alpert is an adjunct professor at Cornell Law School and a founding managing partner of the New York investment bank Westwood Capital LLC. This is an opinion column. The thoughts expressed are those of the author. This is the second of my two columns addressing concerns surrounding the Bi...
New York United States Dan Alpert Daniel Alpert Olivier Blanchard Westwood Capital

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