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Quantitative Tightening

The Pips Are Squeaking

Far from enjoying the traditional winter Santa Claus rally, Wall Street has been delivered a wagonload of coal. Stock markets around the globe have careened lower in the month of December, pushing many down 20% or more from their summer… Read More »The Pips Are Squeaking

Draining the pool

Draining the Pool

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