Getting Hotter

(1) Some like it hot. (2) The risk is overheating a hot economy. (3) Acting big means bigger deficits and lots more debt. (4) Yellen once worried about deficits. (5) Yellen aims to get back to full employment by next year. (6) Powell and Yellen say jobless rate is more like 10% now. (7) FOMC would welcome an inflation warm-up. (8) January’s latest economic indicators are hot. (9) Housing-related industries are booming. (10) Running out of housing inventory. (11) Are Bond Vigilantes getting set to ambush policymakers on the road to inflation? (12) Movie review: “Judas and the Black Messiah” (+ + +).