It's Deflation, Stupid
In the same way that investors always put their money where it should have been, the news media always focuses on yesterday's problems. Much has been made of high inflation, runaway commodity prices...
View ArticleWashington Is Starving the World's Poor
Changes in government policy cause changes in asset prices and can often have unintended consequences. A prime example of this is how U.S. ethanol policy, which was intended to reduce our dependence on...
View ArticleStrong Dollar: Footprint of Better Policy
The U.S. dollar has been in a multi-year freefall, plummeting over 40% since early 2002. Recently, it has seemed as though this multi-year move might be reversing itself as the greenback has enjoyed a...
View ArticleThe Mood of the Market
Given the volatility of the current market, weve returned to three distinctions we utilized in 2000 when managing wealth during the bursting of the internet bubble. The distinctions are: 1) emotional...
View ArticleThere's An Easy Way to Grade the Fed
We've shunted it aside since 1971, but there's is a better way to manage the dollar. It involves a return to one of the most fundamental principles in economics: supply and demand. Discussions about...
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