The Fed’s Video Game Stock Market

The Fed’s Video Game Stock Market

Last week, one of my colleagues circulated an article that argued the current economic situation is deflationary … in other words, prices will get lower over time. This colleague, who isn’t an economist, found it difficult to understand how anyone could argue that....

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Double Bottom or Long U?

Double Bottom or Long U?

We’ve talked a lot about the likelihood of a double bottom in the stock market this year. But continued bullishness in the face of disastrous economic data suggests investors are putting too much faith in the Fed and a short-term scientific miracle. In this week’s...

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