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Perception versus reality.
A recent Harris poll, conducted on behalf of The Guardian newspaper, found that there is some confusion about the state…
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Reading the economic tea leaves.
Tasseography practitioners read tea leaves to forecast the future. Some economic data serve a similar purpose. Policymakers, central bankers, economists,…
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Higher rates are doing what they’re supposed to do
Last week, Federal Reserve officials spoke about keeping the federal funds rate higher until it becomes clear that inflation will…
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What will the Federal Reserve do?
Uncertainty about the direction and timing of Fed rate cuts is causing stock markets in the United States to charge…
