2023

After an overtly bullish January for both stocks, bonds and credit spreads, last month proved much more challenging as resurgent inflation data, the s...

As financial markets digest the latest economic data pointing to resilient consumer spending, durable labor market strength and chronically high infla...

In what has become a familiar pattern during several, post-FOMC meeting new conferences over the past year, seemingly dovish comments delivered by Fed...

Federal Reserve Chairman Powell surprised investors and markets yesterday with a curiously dovish set of comments regarding goods disinflation and loo...

As those regular readers of this publication will know, we have long lamented the meteoric rise in money supply and the excess inflation created by e...