It’s a summer Friday and nobody has the patience for a long rant about whatever foolishness is bothering me today. So instead, a...
Read More
This week saw the release of the Fed’s big annual research report, Economic Well-Being of U.S. Households in 2022....
Read More
Jerome Powell and the Federal Reserve spend a lot of time worrying about Inflation Expectations. They shouldn’t. Generally,...
Read More
Source: FRED, May 8, 2023 There’s an old joke about a hypochondriac who is constantly complaining to his doctor about his...
Read More
One of the things we know about inflation expectations is that Federal Reserve Chairman Jerome Powell relies heavily on them. He...
Read More
Barry Ritholtz, Ritholtz Wealth Management Chairman and CIO & “Masters in Business” host, discusses recession risk and...
Read More
I was chatting with my friend Pete Dominick last week, and he asked about consumer sentiment. I tossed out a few reasons...
Read More
Yesterday’s discussion on Sentiment generated a lot of interest. Some people agreed that echo crashes are a form of...
Read More
Something odd happens every time the economy slides into a recession: Consumer Sentiment takes a shellacking, recovers, and then...
Read More
Working from home on Friday, I head into the kitchen mid-morning to grab a cold beverage + snack. The small TV was left on,...
Read More
