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...

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