Image by OpenClipart-Vectors from Pixabay I always find this time of year to be self-reflective. Year-end provides a natural point for critiquing past performance and fitting it into a broader investing context. These holidays in particular have a way of foisting this perspective upon me, and with deep meaning. As a parent of two young..
Tag: central banks
Image by QuinceMedia sourced from pixabay Powell’s Real Choice: His Reputation Or Esteem—Part 2 The following is Part 2 in a series discussing my belief that fiat currency regimes with central banks ultimately result in increasing amounts of leverage. Part 1 can be found here. I have to admit, I was about to “pull the..
Image by Gerd Altmann sourced from pixabay Banking’s History Reveals An Impossible Decision Market participants ascribed a lot of importance to the December meeting of the Federal Open Market Committee (FOMC). Many expected (and even plead) the committee to take a dovish stance. When the Federal Reserve (Fed) disappointed, markets continued to liquidate. Did the..