Tag Archives: janet yellen
How the World Becomes Unrecognizable
Ninety three percent of Americans believe Elvis Presley is dead. That means 7 percent believe he’s still alive. The real insight here is that 7 percent of Americans are morons. The secondary insight is that a statistical result of 93 … Continue reading
Lost in Transmission
On Wednesday, Federal Reserve Chair Janet Yellen offered several insights into what she wants you to believe she’s doing. For starters, she wants you to think that, definitely maybe, she will raise rates soon. But not too soon. And certainly … Continue reading
The Economic Motherboard is Now Fried
Economics is a boring and tedious trade to the casual observer. All the monthly report outs on GDP, employment, manufacturing, inflation, among other indexes, are a dull waste of time. What decisions could one possibly make to improve their lot … Continue reading
From Bad to Worse in a Big Way
Just when it appeared that a $50 per barrel floor had been put under the price of oil, something unexpected happened. The price of oil dropped over 2 percent to about $48.74 a barrel. What’s more, it could fall much, … Continue reading
