The Bank of Japan just changed its policy on interest rates. The institution is using careful language, but we’re going to shortcut it for you here. They’re raising interest rates in order to defend the yen. The BoJ had previously held the line on negative/zero interest rates which was hurting the value of the yen, … Read more
Hi All, First, thank you for being part of Deep Knowledge Investing. I’ve loved investing since I was in college, and getting to think about it, write about it, and help all of you make money is both a pleasure and a privilege. Please expect posting to slow a bit for the next couple of … Read more
We’ve been justifiably critical of the Federal Reserve for over a year now, and long-time readers know that while DKI regularly engages on policy, we don’t take political positions. Still, we’ve noticed an interesting pattern and thought it was worth pointing out to you. Austan Goolsbee, who was an economic advisor to President Obama, is … Read more
