Hope your long weekend is going well. Here are some things I think I am thinking about: 1) Has inflation finally peaked?  I am ready to call it. Inflation has [ … ]

I like to emphasize that QE is a simple asset swap that happens after the primary asset issuance. That is, the government issues some amount of bonds when they run [ … ]

I recorded a great podcast with Peter McCormack when I was in NYC last month. This one was a little different for me and I think you’ll enjoy it. Peter [ … ]

I don’t love to forecast the short-term moves of what are inherently long-term financial markets, but I also know we live in the short-term and that perspective provides us with [ … ]

Whew. What a year. Pragcap passed 50 million total page views this year. Crazy. I’ve stopped writing as much in recent years mainly because of some personal stuff and getting [ … ]

Here are some things I think I am thinking about: 1) Bye Bye Bye BBB.  It looks like Build Back Better is getting nuked. Or, at a minimum, reduced. I [ … ]

“Hope is an optimistic state of mind that is based on an expectation of positive outcomes with respect to events and circumstances in one’s life or the world at large.” [ … ]

Here are some things I think I am thinking about: 1) NYC is ALIVE!  I landed in NYC on Monday morning at 630 AM with a scheduled media spot on [ … ]

Here are some things I think I am thinking about: 1) Good bye Transitory, we barely knew you.  Jerome Powell says the Fed should “retire” the term “transitory”. I like [ … ]