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Stories for the Rest of Summer

Stories for the Rest of Summer

In the Home Stretch of Summer The end of summer is, historically, a quiet period for the business world. The government is in recess, and many people usually go on vacation around this time. As a result, financial markets typically see lower trading volumes until things pick up again in early September.  But there are…Read more

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Stories for the Rest of Summer

The Obsession With Inflation

The Obsession With Inflation

Stuck Like Glue Not only is inflation stubbornly stuck like glue above the Federal Reserve’s 2% target, but the Fed’s benchmark rate is also stuck where it is for the time being, in our view. We do not see a rate hike coming in September, although we do expect at least three dissenting votes again,…Read more

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The Obsession With Inflation
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