by J Thomas Knight | May 16, 2023 | Commentaries
Commentary: Week of May 15, 2023 It’s hard to open up a newspaper these days and not see a scary story about the debt ceiling debate. The Biden Administration is saying that a “default” is approaching if an agreement isn’t reached soon. The US has enough revenue to...
by J Thomas Knight | May 9, 2023 | Commentaries
Commentary: Week of May 08, 2023 Yes, we have banking problems. No, this is not 2008. It’s much more like the 1970s Savings & Loan problems. In other words, we do not have credit problems today, we have duration (asset-liability) problems. These are...
by J Thomas Knight | Apr 17, 2023 | Commentaries
Commentary: Week of April 17, 2023 The US economy is being tugged in two different directions right now. On the positive side we have the lingering effects of the massive stimulus of 2020-21, the renormalization of the service sector after COVID Lockdowns, and, as...
by J Thomas Knight | Apr 11, 2023 | Commentaries
Commentary: Week of April 10, 2023 History is full of economic and societal collapses. The Incan and Roman societies disappeared, the Ottoman Empire fell apart, the United Kingdom saw the pound lose its reserve currency status. So, anyone who says the US, and the...
by J Thomas Knight | Apr 4, 2023 | Commentaries
Commentary: Week of April 04, 2023 If you were bullish for 2023…congratulations! The S&P 500 rose 7.0% in the first quarter and, although we still have more data to analyze before we finalize our prediction, it looks like real GDP grew at about a 2.0% annual rate...
