The Federal Reserve, the Bank of England, and the ECB have all begun to tighten. The Fed believes that by the middle of next year, the 120 billion per month buying program will have ended. At [...]
Yesterday, the Fed came out with a fresh interest rate decision. Chairman Jerome Powell and his staff fully met the expectations of analysts with the decision. The Fed created clarity and that is [...]
This year, the global economy rebounded sharply and quickly as more and more countries rebounded from lockdowns instituted because of the corona pandemic. When the global economy picks up, [...]
There we are again In a stern letter to Congress, U.S. Treasury Secretary Janet Yellen stated that the bottom of the treasury is looming in sight around mid-October. If the Democrats and the [...]
The American jobs report published last Friday was a major setback as the number of jobs created in August came to just 235,000. Last Wednesday, the Central Bank of America published the summary [...]
For nearly 16 years, Angela Merkel has been at the helm of Europe’s largest economy. There are elections on September 26, and German politics is suddenly anything but dull. For a while [...]
History Jackson Hole Since 1978, the Federal Reserve Bank of Kansas City has sponsored a symposium for central bankers. The first conferences were held in Vail and Denver, Colorado. Since 1982, [...]
Ultimately, the price of oil is determined by supply and demand. What is special about the price of oil is that there are, in theory, multiple equilibrium prices. This is because much of the [...]
The IPCC report is widely seen as disturbing and alarming. The urgency is clear. The most important consequence for investors is that it will lead to more inflation. After all, the report’s [...]
The fall of Kabul may be the proverbial straw that breaks the camel’s back with major consequences for the United States, China, Europe, and even the world. It reinforces the call for [...]
