Some thoughts on the similarities and differences between now & the 1970s.
Macro/Econ
Everyone Is Predicting a Recession But No One is Acting Like It (Yet)
Why do consumers keep spending so much money?
Why Isn’t Inflation Falling?
Two reasons inflation has remained elevated.
What Would You Do If You Were Running the Fed Right Now?
Some questions I have about Fed policy.
The Last Time the Fed Created a Recession
Differences between now and the 1970s.
Some Questions I Have About Stocks, the Economy & Other Stuff
6 questions I’m pondering at the moment.
Something I Was Wrong About
How is the government going to afford higher interest rates on its debt?
Why I Remain Bullish on the United States of America
Following the Great Financial Crisis of 2008 a number of macro doom-and-gloomers began predicting a collapse of the U.S. dollar. The Fed was “printing” trillions of dollars. Interest rates had never been that low before. It was an appealing narrative if you were someone stuck in the negative feedback loop of the biggest economic crash…
Interest Rates vs. Inflation
What’s better: high inflation+high rates or high inflation+low rates?
Tough Talk From the Fed
Why the Fed is like your friend at the bar who is always trying to start a fight.
