It was a hot midsummer week, actually and metaphorically. Temperatures were about as high as expected, but inflation rates were even higher. Consumer prices over…
This shortened post-holiday week began with signs of a hawkish Fed, underscored by minutes from the June FOMC meeting and comments from two policymakers who…
Don’t look now, but the bond market has rallied like a monster in the last two weeks. After reaching 3.50%, the highest level in eleven…
Bond prices continued to rally this week with the 3-year Treasury yield falling 24bp and the 10-year down 11bp as of this writing. On the…
As we approach the mid-point of the year, all eyes have been focused on the Fed and their “expeditious” determination to stamp out inflation. An…
As the first week of summer began, Federal Reserve Vice-Chair Lael Brainard stuck to the script on aggressive monetary policy by clarifying her support for…
This week showed a continuation of recent trends, with one exception. Economic reports continued to come in weaker than expected as the impact of higher…
Most financial markets got clobbered again this week as Fed Chairman Powell reiterated the Fed’s intention to raise interest rates as much as is necessary…
Here in the great plains, the month of May is traditionally considered “storm season” when the likelihood of tornados and severe weather is at its…