Tag: monetary policy

On April 29, 2020, Jerome Powell said: “both the depth and duration of the economic downturn are extraordinarily uncertain.” We are often critical of Federal Reserve...

Prelude: This article was largely written before the emergence of the Coronavirus. Recent developments as a result of the pandemic only add emphasis and...

It seems the entirety of the financial media and many on Wall Street believe a “V” shaped economic recovery is in our future. While...

“I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.”  – Alan Greenspan Imagine if Federal...

“Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The...

I spent a lot of time in the 2019 End of Year Special Edition looking back and reflecting across the year just been, covering some of my best (and worst) charts...

The Financial Markets case of Yeah... But... Yeah… Barry Bonds, a Major League Baseball (MLB) player, put up some amazing stats in his career. What...

Occasionally, problems reveal themselves gradually. A water stain on the ceiling is potentially evidence of a much larger problem. Painting over the stain will...

Before takeoff, when the thermometer shows sub-freezing temperatures, the airlines send out de-icing equipment. The fluid is a chemical mixture that is heated and then...

“I think we would need to see a really significant move up in inflation that’s persistent before we even consider raising rates to address inflation concerns.” – Jerome Powell 10/30/2019 The...