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August 5, 2014
Is this inflationary? #2
First it was the
, now it is the energy commodities coming down. Contrary to many predictions,...
July 30, 2014
The big picture: still no escape velocity
Today, annualized Q1 2014 real GDP was revised up from -2.9% to -2.1% and Q2 2014 GDP came in higher than expected at a 4.0% annualized rate. It is certainly...
July 25, 2014
Financial Times Letter to Editor
Article on Financial Times website
(Financial Times subscription...
July 8, 2014
Inversion not necessary for recession
A repeated theme on financial-TV in recent weeks is that there cannot be a recession without a yield-curve inversion first because in each of the last 6 recessions...
July 5, 2014
Watch Robert Kessler on WealthTrack
July 1, 2014
Is this inflationary?
Inflation is a hot topic once again, yet, we are seeing significant deflation in grains:
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