llterry5

February 22, 2017

SHI Update 2/22/17: ODD man OUT

For many reasons.  Lately, one of the more glaring reasons has been in the news:  TAXES. Consider this graphic, courtesy of the OECD and their publication, […]
February 15, 2017

SHI Update 2/15/17: Economic Soup

In many respects, our US economy is like a robust soup.  Our basic ingredients are small in number, but the myriad of seasonings added are varied, […]
February 8, 2017

SHI Update 2/8/17: Occam’s razor

Of course, we can say it more scientifically: “Among competing hypotheses, the one with the fewest assumptions should be selected.”  But this really means the same […]
February 4, 2017

The FEDs Trillion Dollar Balance Sheet

I’m often asked about the FED balance sheet.    Usually about its large size and how a FED decision to shrink it might roil US and global […]