Fed’s Concerns
Wall Street traders, especially during the last couple of weeks, have voiced doubts about the Fed’s intentions. On the one hand, they note how the minutes of the last Fed […]
Tag Archives: Federal Reserve
The Fed’s New Normal
Early this month, a Federal Reserve (Fed) release prompted a sudden market selloff. The morning of April 5 started with considerable investor enthusiasm about indicators from payroll manager ADP. These suggested […]
The Fed’s New Normal
Early last month, a Federal Reserve (Fed) release prompted a sudden market selloff. The morning of April 5 started with considerable investor enthusiasm about indicators from payroll manager ADP. These […]
Cronyism
With highway accidents, the greatest carnage always attracts the most onlookers. So, too, with the 2007-08 financial crisis and its aftermath, the huge wreckage demands attention. Each review of those […]
Fintech and Regulation
For all the rhetoric, Trump’s regulatory agenda remains vague. In the financial realm, he has talked about disassembling Dodd-Frank, but has given few details on how, in which ways, or […]
Money and Inflation
Questions of inflation have these days come up more frequently in investment conversations. The issue and the rate of price change have remained quiescent for so long now that many […]
A Question of New Tools for Central Bankers
All the talk about new monetary policy tools cuts two ways. On the positive side, it supports the ever-present desire to foster confidence. Central banks will also need new ways […]
A Threat to Growth, Now and Over the Long Haul
Capital spending continues to weaken. All indicators, whatever the source, show that business and industry remain reluctant to spend on new structures, new equipment, even new systems and computing power. […]
The Great monetary Debate
Media seems ever infatuated with the Federal Reserve (Fed), or rather its policy-making arm, the Federal Reserve Open Market Committee (FOMC). This intense attention stands to reason. Monetary policy at […]
Revolt Against the Ruling Class
American politics is involved in something of a revolution. What else can explain the surprising success of Trump’s bombast and the remarkable tenacity of Bernie Sanders’ earnestness? Now two books […]
Thirty Tomorrows 