James E. Thorne(@DrJStrategy):US Manufacturing Jobs. It’s a start. But the job losses from China getting entry to the WTO have been significant! If we are going to run NGDP hot, the Fed needs to accept that supply side growth is not inflationary. Warsh’s Fed reaction function has to change.

James E. Thorne

@DrJStrategy

Chief Market Strategist @WellingtonAltus. PhD Econ. Astute, observations and conclusions. Personal views. Not investment advice. Please do your own research.

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James E. Thorne@DrJStrategy

2026.09.04 19:15

US Manufacturing Jobs. It’s a start. But the job losses from China getting entry to the WTO have been significant! If we are going to run NGDP hot, the Fed needs to accept that supply side growth is not inflationary. Warsh’s Fed reaction function has to change.