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…
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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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The Fed’s back is firmly against the wall and no amount of sanguine Fed-speak or modern monetary engineering is going to do anything to change that…
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Today, like 2007, the economic zeitgeist is marked by a palpable sense of significant headwinds and the uneasy feeling of oncoming disaster. True, the…
While the current administration struggles to figure out their position on inflation, forcing Treasury Secretary and former Federal Reserve Chair Janet…
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Today’s S&P Core Logic Case-Shiller Home Price Indices Report indicated that nationally, seasonally adjusted home prices increased a notable 2.55% in…
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