The Fed is way behind the curve on the battle against surging inflation; either they want to fight or they don't, but tepid rate action is not a reasonable approach.
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Something is askew in the Jumbo home loan lending market and, as interest rates quickly reset upward, risks abound.
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Today’s release of the Durable Goods Manufacturers’ Shipments, Inventories and Orders Report (M3) showed that new orders for manufactured durable goods…
It is surprising how many macroeconomic commentators propagate the false notion that “quantitative easing doesn’t cause inflation” typically offering up…
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Arguably the most unique trait of the human condition is our unbridled inventiveness. Reading the transcript of Blake Lemoine’s “interview” with LaMDA…
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It’s been so long since our last bout with entrenched inflation that many, if not most, Americans including policy makers and central bankers, have…
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The following is the complete text of today’s FOMC statement with my comments inline: Overall economic activity appears to have picked up after edging…
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When Ben Bernanke in 2004 (prior to his chairmanship but as a Fed governor) detailed his thoughts on the various causes of the “Great Moderation” to the…
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