Given that the Fed's own reckless monetary policy is the source of today's inflation, will they finally show some responsibility and fight the rising…
4
2
Home prices have, yet again, been recklessly pumped up by the Fed's own "easy money" monetary policy leading to an even larger disconnect from…
3
2
The cost of the Fed and the Federal government's reckless response to 2008's "Great Recession" is finally coming due and with it, bringing a new even…
2
4
The housing run-up post-COVID panic was so absurd that even highly qualified buyers with loans made using traditionally sound lending standards are in…
4
12
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…
1
Something is askew in the Jumbo home loan lending market and, as interest rates quickly reset upward, risks abound.
5
1
Today’s release of the Durable Goods Manufacturers’ Shipments, Inventories and Orders Report (M3) showed that new orders for manufactured durable goods…
1
It is surprising how many macroeconomic commentators propagate the false notion that “quantitative easing doesn’t cause inflation” typically offering up…
2
Arguably the most unique trait of the human condition is our unbridled inventiveness. Reading the transcript of Blake Lemoine’s “interview” with LaMDA…
2
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…
1
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…
1
2
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…
4