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Delta losing altitude?

Commentary: September 13, 2021 The Delta variant could take a toll on economic growth. There was some good news last week. The 7-day moving average of COVID-19 cases in the United States declined. The bad news was that the rate of infection remained about 99 percent...

Stagnation or Inflation or Both?

Commentary: September 07, 2021 Stagflation isn’t trending…yet, but it was mentioned in quite a few headlines last week. Stagflation is a portmanteau of ‘stagnation’ and ‘inflation.’ It occurs when a country experiences slow economic growth along with high...

Words Like Rain

Commentary: August 30, 2021 “Raise your words, not your voice. It is rain that grows flowers, not thunder,” advised the Persian poet Rumi. Last week, Federal Reserve (Fed) Chair Jerome Powell’s words helped grow the week’s equity market returns. In his speech at the...

Shaken not Stirred by Cocktail

Commentary: August 23, 2021 Shaken not Stirred by Cocktail Markets were shaken last week by a potent cocktail of central bank tapering and economic growth concerns mixed with coronavirus and a splash of the new Chinese privacy law. On Wednesday, the minutes of the...

Special Report: A Whole Flock of Canaries

Special Report: August 26, 2021 – A Whole Flock of Canaries Back in 1911, British coal miners started taking canaries into the mines. Because of the bird’s sensitivity to carbon monoxide, an ill or listless canary would give miners warning. The practice...