That's Interesting
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San Fran Fed: Does the Fed Know More about the Economy?
30th April, 2019‘In assessing the current or near-term state of the economy, forecasts from Federal Reserve staff seem to provide little additional information to improve commercial forecasts. However, Fed forecasts for economic growth a year or more in the future substantially enhance the accuracy of private-sector forecasts.’
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The spectacular power of Big Lens
24th September, 2018A long article but it provides an interesting insight into the eyewear industry and the two dominant companies within it that are in the process of merging.
Essilor is a prescription lens business that manufactures a large share of the worlds prescription lenses and Luxottica is known by many consumers through its retail brand Sunglass Hut.
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Boston Fed Paper: Credit Card Utilization and Consumption over the Life Cycle and Business Cycle
28th December, 2017Nearly 80 percent of U.S. adults have a credit card, and more than half of them revolve their debt from month to month. Using a large sample of credit bureau data, this paper documents a tight link between available credit (the limit) and credit card debt, and then it offers a model-based interpretation of this linkage.
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