We'll play with clouds today. Isn't that fantastic that you can make whole mountains in minutes? Trees grow however makes them happy. What the devil. We don't have to be committed. We are just playing here.

The light is your friend. Preserve it. We have all at one time or another mixed some mud. Anyone can paint.

Work that paint. There are no limits in this world. You better get your coat out, this is going to be a cold painting. I'm a water fanatic. I love water. This is the way you take out your flustrations.

That's a crooked tree. We'll send him to Washington. Mix your color marbly don't mix it dead. Without washing the brush, I'm gonna go right into some Van Dyke Brown, some Burnt Umber, and a little bit of Sap Green.

This is a callout

Threshold Endogeneity in Threshold VARs: An Application to Monetary State Dependence

A new method refines the threshold vector autoregressive model used to study the effects of monetary policy.

How to paint. That's easy. What to paint. That's much harder. I thought today we would make a happy little stream that's just running through the woods here. See there, told you that would be easy. This piece of canvas is your world. Only eight colors that you need.

Tenth District Manufacturing Activity Continued to Decline in July

Regional factory activity continued to decline in July. District production decreased moderately, while employment activity picked up slightly and is expected to increase further.

Maybe, just to play a little, we'll put a little tree here. This is your world. Just a little indication. You are only limited by your imagination. Don't kill all your dark areas - you need them to show the light. La- da- da- da- dah. Just be happy.

Use absolutely no pressure. Just like an angel's wing. A fan brush can be your best friend. If you hypnotize it, it will go away. Be so very light. Be a gentle whisper.

This is an iframe