Tag: fiscal policy
The Federal Reserve’s Gaslighting of America
Man is the Reasoning Animal. Such is the claim. I think it is open to dispute. – Mark Twain
Around 350 BC, Aristotle was the first...
The Path to Socialism is Paved With Bailouts
Prelude: This article was largely written before the emergence of the Coronavirus. Recent developments as a result of the pandemic only add emphasis and...
Investors Are Grossly Underestimating The Federal Reserve
If you think the Federal Reserve may only lower rates by .50 or even .75, you may be grossly underestimating them. The following article...
Late Cycle Asset Allocation: No Time For Complacency
“The journey of a thousand miles begins with one step.” - Lao Tzu
In a tiny first step on December 16, 2015, the Federal Reserve (Fed)...
Central Banks: What’s The Meaning Of Accomodative?
Here are two statements from the Federal Reserve’s Federal Open Market Committee (FOMC) immediately following their interest rate decisions of August 1, 2018 and...
Clarity Or Confusion: Calling Out Federal Reserve Policy
Clarity or Confusion
“Are you kidding? Are you kidding? No one knows what you’re doing.” - Economist John Taylor in response to William Dudley’s (President...
Trump’s 6 Month Window: A Fiscal Fumble May Push Stocks Lower
The first six to nine months of a presidential term are arguably the most important thanks in large part to staggered elections put in place...
The Lowest Common Denominator: Debt
At a recent investment conference, hedge fund billionaire Stanley Druckenmiller predicted that interest rates would continue rising. Specifically, he suggested that, consistent with the...
Japan’s Economy Doesn’t Need Helicopter Money: It Needs Less Debt
Pondering the state of the global economy can elicit manic-depressive-obsessive-compulsive emotions. The volatility of global markets – equities, bonds, commodities, currencies, etc. – are...
2016 Market Prediction: Fiscal Stimulus Returns As Talking Point
In a couple months, we will do the routine – you know, the one where prognosticators put together their ‘Top 5 Surprises for 2016', or '10...








