After reducing rates from 2.5% in 2019 to zero at the onset of the pandemic, the Federal Reserve has hiked rates by 0.25%. What does this mean and what should we be watching?
inflation
Fed Meeting: Popping the Bubble or Normal Volatility?
So much for the New Year’s wish of putting 2020 and 2021 behind us and getting back to normal. Or are we? The markets had one of the calmest years in history last year, mainly on the back of the mega-cap tech firms. But that calm was shattered as the market fell over 12% in […]
5 Themes for 2022 and Why We Hate Year-End Predictions
We hate year-end predictions. Maybe “hate” is the wrong word…it is far to kind. We absolutely despise the cringeworthy year-end predictions that accompany this time of year. (Feel free to imagine other colorful adjectives we may use to describe them.) Why? Because they are worthless. There is no accountability whatsoever for those who make them. […]
The Wolf and the Crane
Aesop was a Greek storyteller who lived from 620-564 BCE. His stories were verbally passed down through time, and often included tales of animals and inanimate objects that could speak and solve problems. Many of Aesop’s Fables are commonplace even to this day. We are all familiar with the story of the tortoise and the […]
The Fed is Stuck
Despite economic data showing massive improvement from the COVID recession and inflation running hot across all parts of the economy, the Fed continues to pump trillions of dollars into the financial system. Why? They know that if they stop, things will come crashing down. It is well that the people of the nation do not […]
The First Wave of Inflation is Receding
Last month we wrote in our Insights report “The Coming Inflation Waves” that we should not expect inflation to come at us all at once. Instead, we should expect it to come in waves. Well, it looks like the first wave is starting to subside. Lumber prices were one of the most common data points […]
Gas Prices Signal both Post-COVID norm and Inflation
Gas prices hit a seven-year high over Memorial Day weekend. This signals both a post-COVID return to normal as well as building inflationary pressures.
The Coming Inflation Waves
We shouldn’t expect inflation to immediately get out of control. Instead, it should come at us in waves.