The WSJ opined the Biden Administration is “going after the mother of all tax hikes.” The Administration is proposing to increase taxes on income, capital gains, corporate taxes, inheritance and if ...

Equities were choppy yesterday amid the threat of inflation. As widely noted the Federal Reserve has more than doubled down on the transitory narrative. Treasuries fell about a...

FRB Chair Powell’s remarks offered no surprise. He commented inflation is “transitory,” the Fed is no where close to ending its asset purchases and monetary policy is not expected to change until late 2023. Powell also stated that ...

It appears the Federal Reserve is the only organization that believes inflation will be transitory. Yesterday there was another cadre of iconic monetary and economic authorities adamantly stating the US is ...

Is the reflation trade over, the result of surprised hawkishness of the Federal Reserve? Many including me are befuddled about market activity. There is a litany of high-profile investors ranging from ...

Was the outcome of the FOMC meeting a surprise? The Federal Reserve signaled that it intends to have two increases in the overnight rate by the end of 2023. Previously it was suggesting one or ...

Some have commented the outcome of today’s FOMC meeting will create FRB Chair Powell’s legacy. Yesterday’s PPI was stronger than expected, rising 6.6% in May on an ...

Will there be any change in monetary policy, the result of tomorrow’s FOMC meeting? As noted many times inflation is a two-part phenomenon…monetary and psychological. Both elements are ...

The traditional laws of Economics state surging money supply and negative real interest rates are supportive to inflationary growth. To date this law has not been violated but there is now a ...