The Fed is expected to raise rates yet again in December, as a hedge against inflation, but some believe a pause is in order. “With the federal-funds rate at 2%…
When Good News Is Bad News
The U.S. has clearly overcome the financial crisis, even as many other countries continue to struggle, but the impact on investments is sometimes perverse. As the Fed lowered interest rates,…
There Is No Normal
The Federal Reserve Board routinely gets it wrong. Given the political nature of its work, the differing opinions of its seven governors and, especially, the subjective economic beliefs that influence…
The Good and the Bad in the USMCA
A trade war has been averted with few casualties, at least for now. And, as a result, the United States is in a better position to negotiate with China and…