Debt is a good thing. Debt fuels economic growth. Without it, consumer spending is muted … businesses cannot expand … governments cannot operate. Debt is […]
Excessive inflation and its diametric opposite — stubbornly anchored deflation — are both extremely problematic for any economy. For different reasons, of course. But of […]
Investors are warned: “Never fight the FED…” I’m sure you’ve heard this admonition before. Same with, “Never bet against the FED.” For good reason. Generally, […]