fbpx

Economic Theory

Bernanke Part 2; Inescapable Inequalities

By |2015-03-31T11:34:20-04:00March 31st, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

It’s mostly accepted that what a central bank does is no more inconsistent with capitalism than what you and I do on a regular basis. There are various reasons for this self-inclusion which should be disqualified based on common sense alone, but monetary theory is, by intent, impenetrable beyond the few indoctrinated in its ritual mathematics. This isn’t to say [...]

Doomed to Repeat

By |2014-10-07T15:08:19-04:00October 7th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

I’m not too sure about the relationship between skipping dental appointments and the tendency of markets to crash, but in terms of gaining some anecdotal insight into economic function and consistency there may be some value in tracking something like that. As I noted on a couple prior occasions, the movie business, for example, has spun a horrendous 2014 starting [...]

Personal Income, GDP Revisions & Bad Benchmarks

By |2012-11-30T16:01:36-05:00November 30th, 2012|Markets|

My theme for 2012 has been that something is different this year than the past two years of even substandard recovery. Recession looms and recent data has done nothing to make me think that trend is anything but hardening. While there was some celebration over the first revision to Q3 GDP, as headline growth was revised up to 2.7% from [...]

Go to Top