Tag Archives: federal reserve
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
Are You the Collateral Damage of Central Planners?
The Conference Board – a nonprofit think tank that delivers cutting edge research – recently published its latest Leading Economic Index (LEI) for the United States. The findings were a giant bummer. In December, the LEI dropped for the tenth consecutive month. Continue reading
Are You Prepared for a Hard Landing?
How will the economy react to interest rates that remain relatively higher for longer? By this, the idea that there will be a soft landing seems highly unlikely. The economy, after decades of ultra-low interest rates, is not equipped to easily accommodate a sustained period of relatively higher interest rates. Continue reading
Gold Shines Bright
The mighty U.S. dollar spent a good part of the year beating up on other currencies. From January to mid-October, the dollar rose 13 percent against the euro, 22 percent against the Japanese yen, and 6 percent against emerging market currencies. Continue reading
