Ding Dong, Inflation’s Dead…or is it?

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

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...

Get Real with Your Investments

As long as there has been capitalism, there has been banking. As long as there has been banking, there has been debt. As long as there has been debt, there has been pressure to inflate or debase money. This book will look at the modern debate between borrowers and...