• Why The Fed Is Right To Fear Inflation

    Why The Fed Is Right To Fear Inflation
    This week, as the minutes from the last Fed meeting were analyzed, it was suggested that there were hints that the central bank would be raising interest rates again next month. The market responded with a small hissy fit, which will no doubt explode into a full blooded tantrum is the event actually occurs.That has
  • What's Up With Industrial Production?

    What's Up With Industrial Production?
    This past week, the market was treated by relatively good industrial production data from the Federal Reserve. Headline seasonally adjusted Industrial Production (IP)  increased  0.7 % month-over-month but was still  contracting  1.1 % year-over-year. The question for today - is this the beginning of recovery of

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