May 30, 2023 The much-publicized coronation of King Charles III was followed that same day by what is often termed the “Woodstock for Capitalists,” namely the Berkshire Hathaway AGM featuring its CEO Warren Buffett. It was a busy day for…
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5/22/2023 As you will remember, 2008 was a painful time. The Subprime Mortgage Crisis caused the collapse of several major financial institutions and President Bush signed The Housing and Economic Recovery Act (HERA) into law. This established the Federal Housing…
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5/22/2023 As you will remember, 2008 was a painful time. The Subprime Mortgage Crisis caused the collapse of several major financial institutions and President Bush signed The Housing and Economic Recovery Act (HERA) into law. This established the Federal Housing…
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5/15/2023 In anticipation of the rollout of the Federal Reserve’s new money transfer service, “FedNow,” in July, I explored the evolution of electronic payments in the US to better understand the likely impact of this infrastructure upgrade. The first…
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5/8/2023 The Federal Reserve managed to steer our economy into a tight bend of non-transitory inflation. Now the Fed is trying to correct its path without losing control. The markets look on aghast. Some key spectators remain optimistic that there…
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