fbpx

compounding

Quantity of Nothing But Lost Time

By |2015-10-22T14:33:54-04:00October 22nd, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

While on the other side of the Pacific economists try to decipher what China has truly gotten itself into, over the Atlantic the Europeans are admitting that trillion is again not “enough.”  As I have written repeatedly, the adjectives attached to QE depend on the tense.  Ahead of time, peering into the unwritten future, QE “will be” powerful and able, [...]

GDP Pieces

By |2014-08-28T12:33:27-04:00August 28th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

Following up on my earlier observations about a reduced trajectory, getting away from the thick trees of quarterly statistic movements and revision for the forest of patterns and paths, viewing the subcomponents of GDP as standalone accounts rather than contributors highlights exactly that problem. Whether you view the economy through real final sales (both of domestic product and to domestic [...]

Better To Risk Worse Recession; Recovery Compounding Matters Far More

By |2014-07-30T16:23:04-04:00July 29th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

In light of second quarter GDP’s imminent release and the explosion of commentary it will undoubtedly create, I thought it useful to promote a better context that includes all pertinent variables of analysis and judgment. As I said earlier today on CNBC with Rick Santelli, it is often overlooked that the US economy has been undergoing “stimulus” courses for just [...]

Go to Top