Author Archive
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Jul 1, 2022Inflation has peaked -
Jun 28, 2022Since they started raising rates late last year the Fed has $540B of unrealized losses. How problematic is this? -
Jun 16, 2022A slowdown is all but certain. But does it turn into a recession? Does it turn into a deeper recession than expected? Does it spill over into credit markets and cause a debt... -
Apr 22, 2022Lower prices today mean better returns in the future. -
Apr 9, 2022The central bank took too long to raise interest rates. It's now playing catchup.
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Apr 7, 2022I am increasingly concerned that the Fed is on the verge of a significant policy mistake (raising rates into an economic slowdown) after what is already a policy mistake (leaving... -
Mar 28, 2022Who decided the 60/40 portfolio is optimal? -
Mar 24, 2022The Fed is behind the curve.
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Mar 10, 2022The inflation story looked pretty clear to me before Russia invaded Ukraine. -
Mar 3, 2022Anything can happen. -
Mar 1, 2022Geopolitical conflicts are a lot more frequent than we might like to admit and the market always overcomes the short-term turmoil. -
Feb 18, 2022The Total Bond Market is down 5.5% from its 2021 peak. The 10 year T-Note is down 10.7% from its 2020 high. But with the market pricing in 7 rate hikes and inflation showing... -
Jan 28, 2022Things to do to keep you from doing something stupid. -
Jan 24, 2022Jeremy Grantham calls for a crash, bonds still diversify and we're very guilty of home bias. -
Jan 12, 2022Someone will buy bonds even if the Fed doesn't. -
Jan 5, 2022 10 questions/answers provide you with some useful perspective on the year to come
