Blog Archives

Waiting for the Other Shoe to Drop

Sometimes the most difficult thing to do is nothing. Viewing the stock market over the last several days, maybe it’s easier than usual to do nothing since whatever you buy today is likely to go down tomorrow – but from … Continue reading

Faith in the Fed?

Ever since the Federal Reserve was founded in 1913 as a result of upheaval in the wake of the 1907 banking panic, it has depended on the public faith to maintain its legitimacy. Yet throughout history that faith has waxed … Continue reading

Another Leg of the Economy Bites the Dust

Over the last several years, the US economy has benefited from low-priced money in so many ways. One of those is ready capital for start-up companies, which allowed those start-ups to sell products and services at a loss. Uber, DoorDash, … Continue reading

What Will Home Prices Do During Today’s High Inflation?

Much of the economy is in flux at the moment, so it’s difficult to find a trend that’s reliable. Stocks have put together several downtrends, interrupted by strong rallies. Interest rates have generally gone up, but this week, rates fell. … Continue reading

Volatility, As Expected

As broadcast well and thoroughly by the Federal Reserve, it has started to hike interest rates for overnight money (called the federal funds rate), beginning with 25 basis points (0.25%) early in the year, and now, because the perception is … Continue reading