NO RETURN TO THE 1970’s….Inflation is likely to cycle UP and DOWN over the next year. In 1980, US inflation peaked at a bit over 14%, which pushed home mortgages to 18%. Let that sink in. While you’re at it, enjoy these flashbacks from circa 1980: Studio 54 was ramping up and closing down with […]
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It Was the Best of Times, It Was the Worst of Times… With 2018 behind us, this edition of Cutting Through the Noise looks back on what drove positive asset performance through the first three quarters of the year, and conversely what collectively caused every major asset class except for high quality bonds (just barely), […]
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Unwinding the Fed’s Quantitative Easing Program The Great Experiment is unwinding. The U.S. Federal Reserve Central Bank (Fed) is beginning to reverse its Quantitative Easing (QE) program, a 2009 policy created in response to the worsening financial crisis known as the Great Recession. Since its very conception, QE was considered a controversial, unconventional, and some […]
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