Did the Federal Reserve, in their last meeting, call for a recession later this year?
It was no surprise to us that the Fed raised interest rates by 25 basis points last week. That’s the headline. Buried in the details were various Fed Governors’ predictions on inflation,… More >>
Once again we need to fix our eyes around the corner from the recent banking turmoil. Last week we reviewed the fractional banking system. That was just the start to a deeper review.
The real question I have been asking myself is what the second order effects of the… More >>
By the time we publish this post the fallout from the failure of the 16th largest bank in America will certainly come into focus. Silicon Valley Bank (SIVB) is going to be the second largest bank to fail in American history. 1
While we have all been watching the “shiny… More >>
There’s only so much one can write about the ongoing battle between inflation, interest rates, and stock prices in the United States. The past several posts cover that topic with sufficient rigor.
Perhaps I will pivot to the second largest economy in the world, China, and… More >>