Tag Archives: federal reserve
Adapting to Higher Yields
Jamie Dimon, CEO of JPMorgan Chase, recently said he wouldn’t buy long-term U.S. Treasuries. His rationale is simple, he “doesn’t understand the upside.” Continue reading
Banking On Magic
American consumers are being squeezed. Between high grocery prices, rising utility bills, and hefty prices at the pump, little float remains in monthly budgets. An unexpected medical bill or car repair is all it takes to blow the household budget. Continue reading
The Brutal Truth About the Upcoming Stagflationary Simmer
Major U.S. stock market indexes continue to float along at or near all-time highs. The ride’s been both fun and exhilarating. Continue reading
State Sponsored Suicide
The entire American lifestyle – and by extension, the global economy – is built on the singular, fragile assumption that the rest of the world will always want to buy American debt. For decades, this was a safe bet. Treasuries were considered risk free in terms of default. Continue reading
