While Janet Yellen and others lament the death of the Phillips Curve, the greatest inflationary episode in history continues to paint the data. To be sure, a day after Yellen suggested that subdued inflation readings [...]
In classic form, Warren Buffett took to task those that doubt America yesterday: “Whenever I hear people talk pessimistically about this country, I think they’re out of their mind”. Mr. Buffett also noted that since [...]
The Fed started hacking interest rates in 2007 and QE3 ended in October 2014. This 7-year period of extraordinary ease, and the nearly 3-year upswing since, has been a difficult time for many market contrarians [...]
In what was seemingly just another ordinary day of trading, Bitcoin Investment Trust (GBTC) lost 20% of its value yesterday. GBTC, which went public in 2015, owns Bitcoin – that’s it! For the privilege – [...]
Since 2008 there has been a widespread increase in debt around the globe, central bankers have printed and experimented with direct asset purchases like never before, and there have been many dangerous bubble-like oddities in [...]