Blog

Jobs continue to dominate the headlines since Janet Yellen took control of the Federal Reserve. She has a legitimate dual mandate to improve the jobs picture by fostering "full-employment", estimated as longer-term unemployment in the range of 5.2% to 6.0%, and maintaining… More >>

In The Wizard of Oz, the Cowardly Lion needed courage to overcome his fears and build some confidence. Based on recent data, the players in the housing market may be in need of some courage, as there appears to be plenty of signs of doubt with respect to the economic… More >>

These last few weeks have seen a quieter equity market with lower volumes and volatility moderating from some recent spikes.[i],[ii] As earnings season winds down, we have seen better than expected revenue numbers from Corporate America. As observed in the chart below,… More >>

It appears the economy might be coming off the life support provided to us by the Federal Reserve. Since 2009, the Fed has expanded their balance sheet by about $2 trillion to get to where we are today. Source: Federal Reserve. In its April meeting, the Fed continued to… More >>