Indicators Interest rates are like all other economic factors in that they are notoriously difficult to forecast. The path of interest rates is dependent on many variables. The most important are the rate of inflation, the unemployment rate, and the health of the short-term money market. Because interest rates are not objectively set by markets, […]
Interest Rates and Economic Outlook – November 2023 Read More »
Summary: The Federal Open Market Committee (FOMC) is responsible for setting the key overnight rates in the economy. You and I don’t borrow or lend at these rates, the banks do. Its main policy interest rate, Fed Funds, is the rate banks pay to borrow from one another. In the 16 months up to July
Meltdown in China caused the Fed to hit the Brakes Read More »
The Lake Street Review Podcast
China’s Monuments to Capital Waste Read More »
The Lake Street Review Podcast
De-Dollarization: History, Probability, How to Prepare Read More »
A high private debt load, deep webs of counterparties in real estate loans, and collapsing real estate values make conditions ripe for a debt deflation.
Korea is Growing Closer to a Financial Crisis Read More »
The Lake Street Review Podcast
State of the Stock Market, Banking Crisis, Inflation Read More »
