Tag Archives: cpi
Wall Street Clustery
The late Sir John Templeton observed that, “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” Continue reading
Why Labor Productivity Has Collapsed
Recession. Raging consumer price inflation. A Presidential administration that seeks to confuse and obfuscate what’s really going on. These are the realities facing American workers in the dog days of August circa 2022. Continue reading
Paying the Price for Krugman’s Terrible Mistake
Clear economic thinking and lucid communication via the written word tumbled out of fashion nearly 100 years ago. The fall from grace was triggered by the 1936 publication of John Maynard Keynes’ The General Theory of Employment, Interest and Money. Continue reading
What is the Strike Price of the Powell Put?
The Federal Reserve, through a multi-decade series of shady practices, finds itself in a very disagreeable place. Policies of extreme market intervention have positioned the economy and financial markets for an epic bust. Continue reading
