monetary stimulus

The *Optimists* Have Some Terrible News For the ‘V’

By |2020-05-27T19:18:33-04:00May 27th, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

It has to be a combination of confirmation bias and rationalizations. Not even the official story finishes up with the fairy tale ending. The “V” people seem to be ignoring what the most optimistic group is actually saying. And these optimists absolutely want it to be that way.It bears repeating the “V” case; that once the non-economic shutdowns are lifted, [...]

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What Would The Hole Be Without The ‘L’?

By |2020-05-27T17:23:45-04:00May 27th, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It’s a pretty simple question, at least when asked by a member of the American citizenry not already compelled by one bias or another. Did the 2009 “stimulus” bill (American Recovery and Reinvestment Act; or ARRA) work? The answer depends upon who you ask, including breaking down along partisan lines. To Democrat Economists, it absolutely did. For their Republican counterparts, [...]

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