monetary policy

Multiple Puts

May 23, 2019

The stock market’s strong rebound from Monday’s thumping shows, once again, that there is a sizeable queue of investors waiting to take advantage of any [...]

Catch-22

October 11, 2018

Shortly after the Tax Cuts and Jobs Act was passed on November 2, 2017, there was a lot of optimism that businesses would spread the wealth by sharing their tax-cut windfall [...]

Stepping on the Gas

February 1, 2018

The economy is doing well – low unemployment, accelerating growth, rising corporate earnings and even some better wage growth, which has been notably lacking during the [...]