An Alternative View of the World The consensus view on Wall Street is that the Fed is dovish and economic growth is robust and both will remain so. That view is supportive of additional stock market gains in 2022. We’ve been around long enough to know that the consensus never sees the market top coming. […]
Can the Infrastructure Lure finally Catch Some Funding? Infrastructure should be an easy bipartisan issue. How we pay for it is a big sticking point. Getting a bill passed will not be easy. There are few issues that have been discussed as consistently as infrastructure, but with no meaningful result. Most recently, infrastructure was a […]
Bond Yields Raise Their Ugly Head Most of the time, market commentary focuses on the stock market, but every so often, the bond market flexes its muscle and takes center stage. This week was one of those times and with good reason. The push-pull of more fiscal policy to help the economy and the inflationary […]
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