Powell’s Put: Out of Money and Time

 August 22, 2022 Despite all the fanfare and cheerleading you hear in the Main Stream Financial Media, the recent bounce in equity prices has just been a rather pedestrian bear market rally. Bull markets are not engendered by a faltering global economy, very high...

Peak Inflation is Not the Issue

July 15, 2022 The reality of record-high inflation combined with a hawkish monetary policy is slowing the economy sharply and has led to the current U.S. recession—two back-to-back quarters of negative growth. The economic contraction should soon cause inflation to...