1970s-style stagflation makes a comeback

by | Oct 27, 2022

In many parts of the world, stagflation—the bitterest of economic pills—has a made a comeback. Uncomfortably high and sticky inflation is forcing inflation-fighting central banks to engineer a not-so-soft landing for the economy in order to win the battle. For...

2021 Review

by | Jan 6, 2022

Some days my mind wonders off on topics that really have nothing to do with the economy or the markets, for that matter. For example, have you ever wondered why birds sitting on power lines or telephone lines are all sitting in the same direction? I’m certain there...