Joseph Calhoun is the President of
Feb 7, 2023
It's the Lack of Recession Driving This Rally
Your cares and troubles are gone There'll be no more from now on! Happy days are here again! The skies above are clear again Let us sing a song of cheer again Happy days are here...
Jan 31, 2023
How We Have Become a Nation of Gamblers
The Fed meets this week and is widely expected to raise the Fed Funds rate by 0.25% to a range of 4.5% - 4.75%. The market has factored in a small probability that they do nothing...
Jan 24, 2023
Do You Really Think You Can Predict Future?
Inflation* in the US is falling rapidly with the CPI rising just 0.9% in the second half of 2022 versus 5.4% in the first six months. Existing home sales are down 14.6% in the last 3...
Jan 18, 2023
Maybe A Slow Fed Was Right About Transitory
The inflation report last week was met with a big sigh of relief by investors. Stocks and bonds rallied as the Fed's Whip Inflation Now project seems to be finally bearing some...
Jan 10, 2023
My 'Outlook' Is That 'Consensus' Will Be Wrong
What's your outlook for this year? I've heard that question repeatedly over the last month and if you're reading this hoping I'll let you have a peek at my crystal ball, you're going...
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