the fed

America’s Elites Are on Top of the World

Poor David Brooks… Yesterday, while waiting for one dose of claptrap, we were whacked by another. Fed chief Janet Yellen was scheduled to speak before the House Financial Services Committee on Capitol Hill at 10:00am. Waiting, we read a column by Mr Brooks in The New York Times: ‘Recently I took a friend with only a … Read More

Follow the Money

One of the great Richard Russell’s most common phrases was ‘follow the money’. It’s the best advice you can get. Money isn’t biased.

A Bull Market Remix

In one of the most long-awaited interest rate hikes in history, overnight, the US Federal Reserve bumped up the Fed funds rate by 25 basis points.

Markets & Money