Fed Chair Powell Tells Congress Inflation Will Pass… In his regularly scheduled testimony, Powell reiterated that the current inflation is transitory and does not require monetary tightening. What ...
2021 February 8th – Thinking of Markets
It’s not a black diamond ski run yet, but the yield curve for U.S. Treasuries is steeper than it has been in a while. A yield curve is the line on a graph showing yields for different maturities of ...
Week In Review – December 29 2020
Trump Threatens To Veto Stimulus Bill… Congress took almost six months to develop and agree to a new round of stimulus spending. President Trump put it in jeopardy in four minutes. What it means— ...
Week In Review – December 7 2020
The U.S. Economy Added 245,000 Jobs in November, Just Over Half of the Expected 432,000… The unemployment rate dipped from 6.9% to 6.7%. What it means— The slightly lower unemployment rate had more ...
The Year End Crunch
Last week, vaccine optimism immunized investors against signs of economic weakness. Narrative economics holds that popular stories may affect individual and collective economic behavior. Last week, ...