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The Minutes of the Federal Reserve's January meeting were just released and showed the Fed is inclined to keep rates near zero for longer. On its outlook for raising rates, the Minutes indicate that a number of FOMC members saw the risks as weighted...

Links: Ishmael: The Time I Spent On A Commercial Whaling Ship Totally Changed My Perspective On The World Elias Isquith: Bruce Bartlett: “Utter Insanity and Stupidity” Must-Read: Ta-Nehisi Coates: President Obama on Color-Blind Policy and Color-Conscious...

Atlanta Federal Reserve: Have Changing Job and Worker Characteristics Restrained Wage Growth?  (by Roberson and Terry): Our results are consistent with the analysis in a previous macroblog post, which found that changing industry-employment shares could...

Patti Domm of CNBC reports, Jobs growth expected to be better, but Trump, Clinton could weigh on market: October's jobs report showed a gain of 161,000 jobs in October, and while it won't have an immediate bearing on the Fed's next interest rate decision...

Goodbye, Growth Scare; Hello, Growth Spurt! – The Bull & Bear Case by Evergreen Gavekal “We really can’t forecast all that well, and yet we pretend that we can, but we really can’t.” – Alan Greenspan Summary Bullish Summary The latest growth...