Blog

June 23, 2021

The Fed Blinks...Again!

Last week it appeared that the stars had aligned. That, for the first time since the Pandemic's Economic Lock-Down, that the Fed would return to a more normal interest rate policy.   Inflation, seemingly the Fed's most important indicator for…

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It's simply the cornerstone. And upon it is all else is built in this free market system. It is price. You no doubt remember your college economics's professor drawing those two lines upon the board. The supply curve and the demand curve, and th…

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It's easy to equate how the economy is performing, with how the stock market is doing. Currently, with all the major averages either at or near all time records, we assume that means the economy in general is performing well. And of course, with the…

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Yesterday concluded the two day meeting of the Federal Reserve's Open Market Committee. This Committee is the one that put in place the Fed's on-going monetary policy.   And as is traditional, the Fed Chairman, Jerome Powell concluded the me…

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So, when was the last time you walked into the grocery store, and informed the grocer you would give him $1.50, for instance for his bunch of carrots? Or told your department store that you'd pay so much for his shirt?   It just doesn't happe…

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