Ding Dong, Inflation’s Dead…or is it?

by | Jan 18, 2024 | Uncategorized

Inflation in America is no longer a problem. That’s the story line that dominated financial markets during the final two months of 2023. Bond yields tumbled as their prices rose (see chart), and stocks enjoyed a powerful nine-week rally – an equal weighted S&P...

Taming U.S. Inflation Will Likely Take Years

by | Jan 25, 2023 | Uncategorized

There is a belief shared by U.S. monetary policy makers and many financial market participants that a meaningful economic slowdown in the next 12-to-18 months will “fix” the inflation problem in the United States. The word “transitory” may have been stricken from the...