After rising from the dead like Lazarus at the beginning of 2019, inflation is once again heading toward zero. From November of 2018 thru January of […]
Imagine this: The guy in the blue represents both the FED Chairman Powell and ‘bond traders’ in the aggregate. The bond traders have pushed down the […]
This quote, from the opening paragraph of Dicken’s novel, A Tale of Two Cities, seems exceptionally apropos today, when we consider the diametrically opposed viewpoints on […]
Inflation is arguably the FEDs most crucial metric. While the FEDs formal target is 2% per annum, the tolerable range is probably about 1.5% on the […]