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Economy
Will Fed’s Preferred Inflation Gauge Tick Lower Tomorrow?
Tomorrow’s update on US inflation for April looks set to tick lower, although the odds aren’t trivial that pricing pressure will remain…
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The Next Gold Rush? How to Profit From the Coming Power Grid Expansion
This article follows part one, which discusses the massive investment dollars that will be spent expanding and modernizing the power grid…
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No, Corporate Greed Is Not the Cause of Inflation
Corporate greed is not causing inflation, despite the claims of many on the political left who failed to understand the very basics of…
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Federal Reserve Board – Minutes of the Board’s discount rate meetings on April 8 through…
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Economic Data Still Reflect Low Recession Risk: Will It Last?
A broad set of US economic indicators continue to show that the odds are low that an NBER-defined recession has started or is imminent.…
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Speech by Governor Bowman on the Federal Reserve’s balance sheet as a monetary policy tool
I would like to thank the Bank of Japan and Governor Ueda for organizing…
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Stocks Week Ahead: Key Inflation Data to Decide Market’s Next Move – What to Watch
It will be a holiday-shortened trading week, with markets in the US Closed today for Memorial Day. We had some typical holiday-like price…
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How Biden’s New Tariffs on China Could Impact the US Auto Industry
The Biden administration announced significant tariff increases on China last week, targeting roughly $18 billion in strategic…
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Why Are Big Banks Pressuring the Fed to Ease Capital Requirements?
Last week, the Wall Street Journal reported that the Fed and two other U.S. banking regulators are going to significantly reduce a…
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The Risk of Recession Isn’t Zero as the Market Seems to Think
As we discussed recently, Wall Street economists increasingly believe the risk of recession has fallen sharply. To wit:
“Economists don’t…
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