Can Inflation Pop an Over-Inflated Stock Market? | October 2, 2021

Can Inflation Pop an Over-Inflated Stock Market? “By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” – John Maynard Keynes Over the last 20 years, an era known for low inflation, the CPI Index has nonetheless managed to increase about 53%. That is, […]
READ POST

Don’t Count Your Chickens… | August 14, 2021

Don’t Count Your Chickens… There was a lot of talk about infrastructure this week and much of it was rather confusing. First the Senate passed the $1 trillion bi-partisan infrastructure bill, which addresses traditional infrastructure spending, like roads, bridges, broadband, community redevelopment, etc. That was followed shortly thereafter by passage of a $3.5 trillion budget […]
READ POST

Searching for Goldilocks | August 7, 2021

Searching for Goldilocks While we are currently at peak growth, there is no consensus about where we go from here. The bulls are getting bearish and vice versa. There is fear of growing too fast and incurring the wrath of the Fed with higher interest rates, which would pressure stocks. Likewise, there is fear of […]
READ POST

The Bond Market Looks Confused | July 31, 2021

The Bond Market Looks Confused Market sentiment has been flip-flopping back and forth between inflation concerns and economic concerns. The very rapid economic recovery has outpaced a COVID constrained supply chain and caused price increases and inflation concerns. Now, the COVID acceleration and rising prices are beginning to slow demand (see the recent housing data) […]
READ POST

Why Are Government Bond Yields Declining? | July 10, 2021

Why are government bond yields declining? Is the new Delta Variant a threat to the global economic recovery? What should we expect from the upcoming earnings season? What we found to be most interesting, since Federal Reserve Chairman Powell spoke on June 16th, is government bond interest rates have been on a decline (please see […]
READ POST