Where Did the Bond Vigilantes Go?
In the face of extremes, the bond market remains surprisingly calm. Given these circumstances, one might ask, “Where did the bond vigilantes go?”
The Natural Rate of Interest
The natural rate is theoretical, that is, unobservable, but it is nonetheless of extreme importance to both policymakers and investors.
The Savings Glut: The Good and the Bad
The issues surrounding savings and investment and resulting saving gluts are complicated and multifaceted.
The Recession Is Officially Over. Now What?
Stocks are always subject to temporary corrections and, even worse, to bear markets in which the decline in the market is 20% or more.
Inflation Update: Keep an Eye on Velocity
The inflation debate is front and center right now in the financial markets.
Book Review: The Deficit Myth
If you seek perspective on issues related to budget deficits, we recommend reading The Deficit Myth by Stephanie Kelton.
Dividend Growth: The Silent Factor in Investing
We often refer to dividend increases as “the silent factor.” Why? Because dividend growth as it is occurring garners small attention among most investors.
Monetary and Fiscal Policy: A Big Shift
The overall direction of the domestic economy is determined by many factors, not the least of which are monetary and fiscal policy.
What’s up with GameStop?
Anyone with even a passing interest in the stock market is aware of the GameStop saga that is going on in the market.
Deficits and Government Debt
For the last 20 years, the U.S. Government has been continuously running budget deficits, resulting in huge amounts of government debt being issued.
Inflation Worries: Real or Imagined?
Investors are currently engaged in an interesting conversation, one that addresses what could be a major shift in the economic profile of our country.
Presidential Elections In Perspective
As summer turns to fall, interest in the presidential election is heating up. As has been the case in the past.
