Economics
January 31, 2018
When the debt in question is the result of selling a “perpetual bond.” What is a perpetual bond, or “perp,” you ask? It is a […]
January 24, 2018
The paper spans almost 150 years and details investment returns in 16 advanced economies. Including addenda, the paper is 123 pages in length. But I have […]
January 17, 2018
Central bankers continue to be puzzled by inflation. Or, more precisely, by the lack thereof. With a global economy fully aligned and growing in sync for […]
January 10, 2018
Take a look at the map above. Is this an important or meaningful fact? Yes. Eight times a year, the Federal Reserve produces a document called […]