Tag Archives: federal reserve
Welcome to the Era of Targeted Bailouts
Here at the Economic Prism, we’re opposed to market intervention and bailouts of all colors and stripes. The conceit of it all, that a collection of unelected bureaucrats knows what’s best for a 330-million-person economy, sticks in our craw like a broken chicken bone. Continue reading
What the End of Fed Rate Hikes Means for Stocks
Here in the wooded mountains of East Tennessee the vegetated growth is so dense it shuts off the adjacent view. Hollers, as they’re called in southern Appalachia, are undetectable. And in an instant, things can go terribly wrong. Continue reading
What Comes After the Great Liquidation
Expectations were great. When 2023 started, there was a general sense that the stock and bond markets had turned over a new leaf. A repeat of 2022 was out of the question. Continue reading
Cross Road Blues in the Time of Biden
When Robert Johnson fell to his knees at the crossroad and asked the Lord for mercy and salvation he’d already made his deal with the Devil. In exchange for his soul, Johnson could sing and play the soulful sweet-sounding blues that made him famous. Continue reading
