August 16, 2017

SHI 8/16/17: Cornucopia

  PCE, CPI, oil, productivity, labor participation rates … the list of data updates goes on and on and on.   Negative interest rates are back […]
April 29, 2017

We Didn’t Spend Enough!

  And the lack of ‘consumer spending’ was a primary cause. Why You Should Care:   Human behavior is impacted more by feeling and belief than concrete […]
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 […]
January 29, 2017

How to Ruin a Country in 15 Years

Once the richest country in South America, Venezuela is now its poorest.    Last year, inflation was about 800%.  The IMF estimates 2017 inflation will be 2,200%.   […]