Blog: Are "Real" Rates High?
The moderate inflation regime justifies a higher real rate.
Topic
Blog
A collection of 103 issues
Blog: Bitcoin - Value vs. Utility, or, "Is Bitcoin Useful?"
Bitcoin. What is it good for?
Blog: Is the Stock/Bond Relationship Broke? Nope, but it's changed.
Bonds are still a diversifier.
Blog: The Goalie's Dilemma-Increasing Uncertainty to Reduce Risk
When risk and uncertainty are not synonymous.
Blog: Are Markets Seeing Patterns in the Dark?
Fed Chairman, Jerome Powell, displayed cautious optimism last week as the FOMC left rates unchanged. In fact, the FOMC as a whole seemed in an upbeat mood with the famous "dot plot" indicating 75 basis points of easing next year.
The markets turned Powell's cautious optimism
Blog: Return Factor Illusions
"Factor zoos" are doubly so.
Blog: Is a low VIX "the dog that didn't bark?"
Is absence of evidence a clue?
Blog: Is Market Optimism a fool's hope?
"There was never much hope. Just a fool's hope . . ."
-Gandalf
Blog: Monetary Inflation May be Waking Up
As supply side inflation falls, monetary inflation may be rising.
Blog: The Fractal Market Hypothesis and Optimism
Is the news good enough to follow the crowd?