Wall Street is fixated on how long the surge in earnings brought forth by a growing economy and last year’s tax cuts will last, but it is also fretting about how many times the Federal Reserve will raise interest rates… Read More »Draining the Pool
Stock markets have displayed a remarkable lack of volatility so far this year. Trump’s election and the promise of healthcare, tax, and immigration reform played a part in boosting the confidence of investors, but the advent of a more normal,… Read More »Infamous Years
They’ve called it a “beautiful deleveraging” and a “perfect normalization.” What analysts are referring to is the extraordinary monetary policy known as “quantitative easing” (QE) that was imposed in the wake of the credit bubble collapse in 2008. First adopted… Read More »Quietly Ending