Stay-At-Home Macro (SAHM)

Stay-At-Home Macro (SAHM) analyzes policy, labor market conditions, Federal Reserve decisions, inflation, and broader economic impacts with a focus on recovery efforts, disparities, and macroeconomic strategies. It critiques and suggests monetary policy actions, evaluating their effects on employment, inflation, and economic stability, while addressing financial crises, fiscal challenges, and banking sector issues.

Economic Policy Macroeconomics Labor Market Federal Reserve Inflation Financial Crises Fiscal Policy Banking Sector

Top posts of the year

And their main takeaways

This recovery is worth fighting for

1356 implied HN points • 23 Apr 23
🇺🇸 U.S. Politics Financial inclusion
  1. Progress has been made in addressing economic disparities like lowering child poverty, increasing employment for Black men, and decreasing food insecurity.
  2. Efforts like robust policy responses and safety net programs have contributed to the strong labor market recovery after the Covid recession.
  3. Continued action is needed to protect and build on the progress made, such as creating more job opportunities, supporting workers with disabilities, and ensuring access to health insurance and banking services.

The "worst possible outcome" for the Fed is an unnecessary recession, not reversing a cut

1238 implied HN points • 24 Jan 24
💰 Finance Monetary Policy Inflation Interest Rates Unemployment Economy
  1. The Fed's main concern is avoiding an unnecessary recession, not reversing a rate cut.
  2. Inflation has decreased, but the Fed is hesitant to cut rates due to fears of inflation resurgence.
  3. The Fed should balance its mandate of stable prices and maximum employment to avoid causing an unnecessary recession.
Get a weekly roundup of the best Substack posts, by hacker news affinity:

Price-price spirals take us for a spin

982 implied HN points • 15 May 23
💰 Finance Inflation Policy Taxation
  1. Macroeconomists debate causes of inflation and policy responses.
  2. Price-price spirals occur during crises, driven by firms' profit-seeking behavior.
  3. Policy responses to profit-driven inflation include price controls, taxing profits, and addressing supply imbalances.

The Fed is only looking to past inflation, and that's a problem.

805 implied HN points • 09 Feb 24
💰 Finance Monetary Policy Inflation Economy Federal Reserve Data-driven
  1. The Fed is focusing only on past inflation, and this approach may lead to problems with monetary policy decisions.
  2. Recent data shows a rapid decrease in inflation over the past six months, suggesting a return towards the 2% target.
  3. Despite strong economic growth and high interest rates, the Fed continues to rely heavily on backward-looking inflation data for its decision-making.

How good is the economics in Bidenomics?

727 implied HN points • 06 Jul 23
🇺🇸 U.S. Politics Economic Policy
  1. Bidenomics prioritizes resilience over efficiency in economic policy.
  2. Investing in people, like the 2021 Child Tax Credit, can reduce child poverty and have long-term benefits.
  3. The challenges for Bidenomics include potential policy overload and the difficulty of getting credit for the economy amid political sentiments.

Inflation: it's "complicated"

628 implied HN points • 25 May 23
💰 Finance Inflation Labor Market Market Power
  1. Inflation is influenced by a variety of factors such as supply disruptions, commodity prices, labor market strength, and demand for goods.
  2. The discussion around workers having the upper hand in the labor market is complex and requires consideration of inflation expectations, wage growth, and job market tightness.
  3. Inflation expectations are stable, showing that markets and consumers anticipate a return to normal inflation levels, which is crucial for combating inflation.