Blog

  I know it’s a bit clichéd to parallel the similarities of the Federal Reserve normalizing their balance sheet to some fictitious experience of diving into the unknown (which might as well be the plot line to a cheesy low-budget thriller), but to be perfectly honest,… More >>

  Last week the Federal Reserve raised interest rates by another 25 basis points.  This is the third interest rate increase in the last eighteen months. [i] The Fed uses interest rates to promote full employment and control inflation; currently, the Fed has an annual… More >>

  While everyone was focused on the political circus in Washington DC last week, a little tidbit of news went largely ignored by the American public.  According to the Federal Reserve’s latest Q1 statistical release, Americans are the wealthiest that they have ever been.… More >>

  A countless number of commentaries written in the past eight years have been dedicated to the threat of disinflation/deflation. But why is disinflation/deflation so essential? The short answer is that disinflation, the slowing rate at which prices are increasing, leads… More >>