The Debate
It was boring. The whole world tuned in… And then the whole world tuned out. This is why Roger Ailes succeeded, he knew it was all...
Tail Risk: Part 1, The Persistent Effects of the Great Recession
Tail Risk: Part 1, The Persistent Effects of the Great Recession by Julian Kozlowski The Great Recession of 2007-09 was a deep downturn...
The Popeye’s Fried Chicken Sandwich
I discovered it in the “New Yorker.” Every day I do my back exercises, takes about half an hour, and while I do them I...
The Tech Backlash
The problem isn’t so much that these companies are too big, but that they’ve lost control of their platforms. Today the WSJ printed...
Challenges for Monetary Policy
Challenges for Monetary Policy by Chair Jerome H. Powell Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming ...
The Lunatics Have Taken Over The Asylum
And they want you to know they’re in charge. Even though concomitantly they’ve broken the system. We used to live in an era...
Data Behind Fear of Yield Curve Inversions
Source: FRED Blog FRED can help us make sense of the recent discussions about an inverted yield curve. But first, some definitions...
The Dow Drops
This is what happens when you put an amateur behind the wheel. Government is a professional job, and Hillary Clinton was demonized by the...
Politics is Show Business for Ugly People…
“It’s too late baby Now it’s too late” –Carole King Politics is show business for ugly...