Stay-At-Home Macro (SAHM)

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Nearly a year and a half into the recovery from the Covid recession, it's indisputable that fiscal relief was a success. Not so, after the Great…
Claudia Sahm
13
Macroeconomics is waking up and not a moment too soon. Olivier Blanchard, a prominent macroeconomist, has started an important conversation about the…
Claudia Sahm
24
The stakes are too high to use the Phillips Curve with its unreliable tradeoff between unemployment and inflation. We don't need millions of Americans…
Claudia Sahm
37
The Sahm rule is a widely followed indicator of recessions. It's gotten a lot of attention from experts who use it to argue we're not in recession and…
Claudia Sahm
8
Reality shows a "soft landing" in 2023 in the United States taking shape. We avoid a recession, we keep the job-full recovery, and inflation moves back…
Claudia Sahm
13
The tale of Silicon Valley Bank and its fallout is still being written, and yet, it’s a story we know all too well. In fact, banking crises are at the…
Claudia Sahm
33
Earlier this week, Senator Elizabeth Warren pushed Fed Chair Jay Powell on what he would say to the two million workers the Fed expects will lose their…
Claudia Sahm
42
The global economy is deteriorating. It's time for the Fed to do the right thing: slow down or even better pause its interest rate hikes. It's going too…
Claudia Sahm
24
The economist says schools should remain open, but her data aren't convincing.
Claudia Sahm
11
Americans are rightly angry about inflation. A strong labor market is not enough reason to celebrate. But, we are coming out of, not going into the…
Claudia Sahm
19
No, it cannot.
Claudia Sahm
34
Our profession has immense power in the world and with power comes responsibility. It's time to face the facts. We are a disgrace and must do better.
Claudia Sahm
8
© 2023 Claudia Sahm
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