This past Wednesday night, I did a little grocery shopping. While I didn’t need much, I walked down every single aisle to kill time while the pharmacy filled my prescription. Not surprisingly, there were a number…
Thought Leadership
In our new COVID world, it is normal to see shortages throughout the economy. Near empty car lots, and grocery shelves that don’t always have what you need are now common. There is also another shortage…
Yesterday, I had an early morning TV interview with the Fox affiliate here in town. Not surprisingly, the topic was this week’s rate hike, and the impact it will ultimately have on the US consumer and…
The Federal Open Market Committee (FOMC or Committee), the monetary policy making arm of the Federal Reserve, concluded its 2-day meeting this afternoon, and raised the overnight target lending rate between member banks by 0.25% (25…
Obviously, the ongoing morass in eastern Europe continues to dominate global headlines. That and the recent spike in crude oil prices, especially after the US Administration (and other countries) announced a ban on Russian crude. The…
I will admit it: the last several days have been especially trying, as a sharp spike in oil, and other commodity, prices has caused global equity investors to reach for the door. Ordinarily, the bond market…
Despite a spate of decent, and even great, domestic economic news this week, it is hard to escape the morass in eastern Europe. Surely, the military brass in the Kremlin didn’t draw it up like this?…
Due to yesterday’s off-cycle, lengthy, and somber Common Cents, today’s newsletter will be relatively short and certainly much lighter in tone. After all, a steady diet of negativity isn’t good for the soul. So, let’s keep…
Russia’s invasion of Ukraine this morning has made a somewhat murky geopolitical picture even more so. What does this conflict mean for global investors, US citizens, and their pocketbooks? While that might seem cold given the…
At the risk of sounding like a broken record, a cliché which will completely vanish from use and comprehension in roughly three decades, successful societies and economies have the following 3 characteristics: 1) strong adherence to…