the Fed

Priming the Pump

February 1, 2017

The GDP component most responsible for our lackluster economic recovery from the Great Recession has been Gross Private Domestic Investment (GPDI).  GPDI includes business [...]

Big Year for Oil

December 14, 2016

A more than 40-percent jump in price in less than 12 months would constitute a spectacular year for any asset. That’s exactly what oil did, rising from a low of $36 a [...]

Turbulent Bonds

November 29, 2016

Current market dynamics reveal the difficulties in predicting market outcomes. As of this writing, the Dow Jones Industrial Average stands at a record high and, [...]

Bank Relief

November 23, 2016

The election of Donald Trump has coincided with a sharp rise in interest rates in the US.  In fact, the yield on the 10-year Treasury bond has risen from 1.86% on election [...]

Walls of Worry

October 26, 2016

There is an ample supply of angst across the nation: in markets, commodity prices, and among voters. No one lately has self-reported that they are happy across any broad [...]