In poetic fashion, every January the calendar turns, the trees go dormant, and America’s Team goes down before reaching the NFC Championship. In 2023, however, it seems increasingly likely that they won’t be alone. This year, inflation is going down like a Cowboys team in the divisional round.
With ongoing uncertainty and volatility in the global economy and markets, the Federal Reserve looks to guide the US economy into the Promise Land of a “soft-landing”. The Fed believes that by increasing short-term interest rates, they will be able to lower inflation without compromising growth. On this episode of Breaking Bad Advice, Isaac and Joel question the Fed’s outlook, and point to data suggesting our destination may entail a bumpier experience. Will Jay Powell and the Federal Reserve be able to slap a band-aid on our economic wounds, or will only major surgery fix what ails this economy? Tune in to find out why the answer is the latter, and why that may not be such bad news after all!
As uncertainty within the global economy continues to grow, so do the inventories of major manufacturers and suppliers. On this episode of Breaking Bad Advice, Isaac and Joel discuss what they’re seeing from supplier data, in a rising interest rate environment and what it could mean for consumer prices and company earnings over the next 6 to 12 months.
With run-away energy prices in Europe as a result of conflict with Russia, the risks to a significant downturn in the global economy continue to increase. On this episode, Isaac and Joel breakdown the turmoil taking place across the globe and what it could mean for a US economy that is already on the verge.
As prices of everyday goods seemingly only continue to increase at a rapid pace, most are calling for this inflation to be long lasting. However, a look into one of the most accurate predictors, the treasury market, we can see that there may be a different story unfolding on inflation. While the bond market seems to be shaken, it is certainly not stirred by long-term investors.
The question investors need to grapple with today is whether or not they believe in the government’s wizardry, or whether they accept the metaphysics of Parmenides and, well, the entire western tradition.
In the real world there are no free lunches. There is only your lunch, or someone else’s. This assumes you don’t count the Federal Reserve’s all-you-can-eat buffet, where you get your money for nothin’ and your checks for free.
Living in the San Joaquin Valley – in the heart of California – has it’s perks: centralized locale, mild weather, and fresh fruit. But one thing the valley isn’t known for is clean air. Smog is a way of life here. This is why many people take short drives to the coast to get some […]
While the broad economy has continued humming along for the last year or so, so have most people’s ‘inflated expectations’ about the direction of interest rates. Depending on how you look at the numbers, we might be in the best of times or we might be in the worst of them.