It wasn’t long ago that volatility seemed to have flat-lined. Those were the good old days. Just look at market results for the past two months and you’ll see a…
Back to ZIRP?
During the Obama Administration, the Federal Reserve Board held interest rates close to zero for seven years. The economy stagnated. But now, with the benchmark federal funds rate at 2.25%…
The Real World Standard
Last week, we wrote about the “Professor Standard” for Federal Serve Board appointments. Today, we look at efforts to change that standard. Former presidential candidate Herman Cain and Stephen Moore,…
The Fed’s “Professor Standard” Flunking Out
The Federal Reserve Board’s academic approach to managing the economy has been flunking out. Some are making the argument that the Federal Reserve Board could use a fresh perspective –…
What About Europe?
The world is slowing down. No country escapes a recession forever, whether your country is capitalist or socialist or something in between. Communist and fascist countries are generally in a…
In China, 6.4% Growth Is Bad News
Growth is relative. In the U.S., we thought it was good news when the economy started growing again at a rate of 3+%. During the Obama Administration, when the economy…
Winter Is Still Coming
A previous post was based on the phrase, “Winter is coming,” made popular by “Game of Thrones.” Our point was that, just as “winter is coming,” so is a recession…
“Single Payer” Means Everyone Pays
In our most recent post, we discussed the Green New Deal. Now we’ll discuss another Congressional proposal that could have a dramatic impact on our economy and markets – Medicare…
Let’s Not Make a Deal
Imagine an economy running completely on clean energy. Imagine free healthcare, free education and high-paying jobs with guaranteed income for all. What’s not to like? Pretty much everything except world…
Fed Driving in Reverse – Part 2
While the Federal Reserve Board may have contributed to December’s market swoon, it also played a role in the stock market’s best January performance in more than three decades. In…