| | Joseph Calhoun, Alhambra Investments The inflation report last week was met with a big sigh of relief by investors. Stocks and bonds rallied as the Fed's Whip Inflation Now project seems to be finally bearing some fruit. In reality,... READ MORE |
| | Paul Krugman, NYT The economic "misery index" has fallen off a cliff. READ MORE |
| | Emily Stewart, Vox The eggs are expensive because the chickens are sick. READ MORE |
| | Alex Pollock & Paul Kupiec, The Hill At current interest rates, the Fed's operating losses will impact the federal budget for years, requiring new tax revenues to offset the continuing loss of billions of dollars. READ MORE |
| | John Tamny, RCM No one borrows money. It's odd that something so obvious needs to be said over and over again, but no one borrows money. When we borrow we seek near-term access to resources. Think about it. No one... READ MORE |
| | Lillian Karabaic, Slate I used to laugh it off... READ MORE |
| | Scott Shepard, RCM In its 2023 Global Outlook, BlackRock rued the close of what it called the Great Moderation, the 40-odd years since the policies of Reagan and Thatcher brought forth from the malaise of inflation and... READ MORE |
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