The “Experts” Have Lost Their Minds Edition So many of the decisions that impact our financial lives are made by unelected bureaucrats who have never run a business. Think for a minute about how much the price of your home, which is the most valuable asset owned (or rented) by most American families, is affected … Read more
Are We Turning the Corner Yet? Well, it’s Complicated. I’d like to start this week’s “5 Things” with a personal note. DKI intern, Dylan Kogan, will be moving on to focus on final exams and his first big post-graduation job. (100% success rate for DKI interns!) He started by helping with the “5 Things” graphs … Read more
This post originally appeared on April 3, 2023 Market Giving Up Friday’s Gains: Yesterday, we published a piece concluding that the market may have misinterpreted Friday’s PCE report. The NASDAQ, which is more sensitive to interest rate changes than other major indexes, has given up half of Friday’s gains as of the time of this … Read more
Insight into the Newly Acquired SIVB, Consumer Confidence is Up, Alibaba Splits into Six Units, and PCE Cools (sort of). This week we witnessed the end of Silicon Valley Bank’s story, but also got new insight into what led it to fail earlier this month thanks to testimony from Fed Governor Michael Barr. There was … Read more
Gary Brode and Mark Rossano look at what now for the fed after last week’s rate decision. Is contagion just going to be limited to US banks or could the demise of Credit Suisse just be the tip of the iceberg and they look at the possibility of other industries and companies that could have … Read more
