The unpredictability of rising prices is what confounds businesses, consumers and the Fed.
An inversion has preceded every recession since the 1950s, but this time a downturn may not be inevitable.
There is no actual evidence that demand, rather than cost, have caused non-energy, non-food price increases.
Financial analysts and portfolio managers are still expecting the world of tomorrow to resemble the world of the past.
July was a surprisingly good month for financial markets.
The strategist sees a profits recession and believes the growth stock rally is a “head fake.”
Equity declines of more than 20% that were not followed by recessions within four months were much worse for investors.
The post-inflation new normal could look a lot like the low-growth hole the U.S. was in for years.
Monetary and fiscal policy needs to take place gradually if we are to avoid an epic recession.