Blog: Is the Fed "Waiting for Godot?"
"Nothing happens, nobody comes, nobody goes. Its awful!" -Estragon
Topic
Inflation
A collection of 86 issues
Newsletter: Is the bond market going wayback?
A recent article in the Wall Street Journal suggested that it might be a good time to discuss the Inflation Level Regime Indicator (ILRI) and what it means for bond yields. In that article the author says that the "rule of thumb was that 10-year Treasury yields should be
Blog: "Soft Landing Predictions" of cycles past
The soft landing bandwagon is getting full, but history is against it.
Blog: Central Banks and "The Logic of Failure."
Studies of complex decision making may help us understand future monetary policy.
Blog: The Method and Madness Model of irrational behavior
Rational and irrational behavior defined by comparing the types of uncertainty we face with the decision making methods we use.
Blog: Sandpile Monetary Policy and Inflation
Do the dynamics of sandpiles and complexity theory tell us something about monetary policy?
Blog: Hard, soft or aborted landing revisited
Back at the end of February I proposed an "aborted landing" as an alternative to a hard landing (a nice way of describing a crash) or a soft landing for the economy. At the time a "no landing" scenario was also preposed by many analysts. But
Newsletter: El Nino and Commodities
The El Nino Southern Oscillator appears to affect the demand for oil and the supply of grains.
Blog: The Fed's Dueling Mandates are a problem
The Fed's dual mandates of price stability and maximum employment are now dueling mandates.
Blog: Is the Fed truly "Anchoring" Inflation Expectations?
"Well anchored" inflation expectations to the 2% target are another Fed pipe dream particularly if viewed using the Fractal Market Hypothesis.