ARCHIVED BLOG POSTS
The Fed has become more hawkish in its public stances. I said in an earlier newsletter that “soft landing” is for 2022 as “transitory” was for 2021. All made up for our entertainment. The expectation for July used to be a 50bp hike. After the latest inflation report and hearing from the Fed mem...
Happy Belated Father's Day! As I expected, the Fed took the opportunity that the inflation numbers presented and raised rates by 75bps. During Fed Chairman Powell’s speech, he mentioned how he wanted to “moderate demand” because it was too high. This is something I have been talking a lot about: ...
In The News The story that is controlling the media right now is inflation. Friday’s numbers showed inflation came in higher than expected and at a new 40-year high. The markets reacted accordingly: a stock market sell-off and mortgage rate increases. The problem now is that this opens the door f...
In The News The world will be watching CPI numbers released Friday. During last month’s report, we saw a dip in year over year inflation but the month over month still grew, albeit slowly. If this next report shows a decrease in rate month over month, the markets will bet that inflation has peake...