If you look at Part 1 and Part 2 of The Demographic Outlook: 2024 to 2054 CBO projections. The estimation of Net Immigration varies anywhere from 2.7 to 3.3 million to the US in 2024. In Part 1, of CBO’s current estimates, net immigration is larger than the agency estimated last year, by 0.7 million people […]

Stock prices and bond yields during disinflationary, deflationary, and reflationary periods  – by New Deal democrat This is an update of a post I wrote almost exactly 10 years ago. I’m doing this because of an important secular change I noticed that appears to have happened in the financial markets. Back when I first started delving […]