Blog: Yet Another "New Normal"
The markets expect stability.
Topic
Blog
A collection of 132 issues
Blog: Healthcare and Sticky Inflation
Rising healthcare costs are making the Fed's job harder.
Blog: Picking a Winner
Market lessons from Paul the Octopus.
Blog: Will the Fed pull off a 1994 in 2024?
Soft landing is becoming a possibility much to my surprise.
Blog: Will the Fed Care if Inflation is Sticky?
Depends on how you measure inflation.
Blog: Can China Make the Phase Transition to Complexity?
Will Chinese government allow their economy to develop an invisible hand?
Blog: Is the AI Bubble here? Looking at the Bubble Checklist
Bubble talk is premature. But we're getting there.
Blog: Why I'm no longer a "Quant."
Hi. I'm Ed. I used to be a quant.
A recent article in Bloomberg quoted David Einhorn, a prominent hedge fund manager, as saying that the markets were "fundamentally broken" because of "passive investors and quants." To quote Bloomberg, "Einhorn said that quants
Blog: Did the Market Groundhog see it's Shadow in the Jobs Numbers?
The bond market says yes. The stock market says no.
Blog: Are "Real" Rates High?
The moderate inflation regime justifies a higher real rate.