Recent Articles By The Author
When government data seems strange like this, it is more likely to be an artifact of sampling or some other one-off reason.
The timing for tapering quantitative easing is not as far away, or as uncertain, as Powell would have you believe.
The possibility of lasting inflation is very real, and that possibility likely will result in bond yields continuing to rise.
Prices are rising, but the data is messy, especially right now. Here is how I'm thinking about it, and when the Fed might hike rates as a result.
On Friday alone markets added half a rate hike to 2023.
Tip No. 1: Beware of Treasury inflation-protected securities. Let me explain.
We're starting to really learn what Average Inflation Targeting means and what it would take for rate hikes.