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 Psychology of Inflation
We believe that the psychology of both inflation amongst consumers and wages amongst workers will be key determinants of future inflation.
The State of the Consumer
At Crawford Investment Counsel (Crawford), we believe the financial condition of the U.S. consumer has rarely been better.
The Savings Glut: The Good and the Bad
The issues surrounding savings and investment and resulting saving gluts are complicated and multifaceted.
The High-Grade Bond Market Today: Compressed Yields & Longer Duration
Since the Global Financial Crisis, changes in the U.S. high-grade bond market are exposing passive fixed income investors to a heightened level of risk.
The World is Uncertain, Just Look at Earnings Expectations
It’s no secret that more stable earnings and dividends are what we strive to seek over the longer term for our investors.
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.
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.
The Long-Term Destruction of Income: What To Do?
John Maynard Keynes was a 20th Century economist most famous for his work on economic cycles
