“There is no question that some strikes are called balls, and some balls are called strikes, but you’re far better off forgetting the calls that hurt you and concentrating on that next pitch, or that next turn at bat.” & Ted Williams, 1918 – 2002, American professional baseball player and manager. U.S. Economy Hits Sweet Spot Nicknamed ‘The Kid’, ‘Teddy Ballgame’ and ‘The Splendid Splinter’, baseball legend Ted Williams… Read More
July 2018: Ways to Stay Ahead of Inflation
“I think we do need to try to not just rely on the central bank to, in its wisdom adjust interest rates, but allow for people to avoid being exposed to inflation risk.” & Robert J. Shiller, 1946 – present, American Nobel Laureate, economist, and best-selling author Ways to Stay Ahead of Inflation “Oh, the miserable and calamitous spectacle! May mine eyes never behold the like, who now saw above… Read More
April 2018: Stability Is Destabilizing
“We don’t manage the stock market,” but “it enters into our thinking. I think the general thing is that the stock market is not the economy.” & Jerome Powell, 1953 – present, Federal Reserve Chair in his first appearance on Capitol Hill Stability Is Destabilizing Capitalist economies have always been beset by a cycle of boom and bust. The term ‘boom-bust cycle’ (also known as ‘business cycle’ or ‘economic cycle’)… Read More
January 2018: After a Stellar 2017, Is This as Good as it Gets or Is More to Come in 2018?
“Stocks are ‘elevated’ but ‘when we look at other indicators of financial stability… there is nothing flashing red, or even orange.” & Janet Yellen, 1946 – present, Federal Reserve Chair at her last Fed rate-setting meeting After a Stellar 2017, Is This as Good as it Gets or Is More to Come in 2018? We are all familiar with the famous children’s rhyme, “sticks and stones may break my bones,… Read More
