Deconstructing Inflation
As the page turns to a new year and a new President, bond investors fear the return of inflation. Tight labor markets, expected fiscal...
The Cost of Capital: China, Commodities, and Credit
The cost of capital is the linchpin that directs investment to the worthiest causes in a free market; however, sometime the market is not...
Trump's Neo-Keynesian Impulse
To give equal treatment to the economic ideology divide, appease his inner Keynesian, and repel congressional Republicans, Trump has...