Markets
The Zero Lower Bound Problem
The lengthy and rather tepid economic recovery since the so-called end of the Great Recession in 2009 is proving to be problematic for the world's ……Read More
Markets
Markets
CEO Compensation Staying Ahead of the Sweaty Masses
As most of us are aware, wages for most American workers have barely kept pace with inflation. In fact, as shown on this graph from FRED, real ……Read More
Markets
The Federal Reserve’s Dilemma
A recent but little covered speech given in May 2015 by Janet Yellen provides us with her personal viewpoint on when the Federal Reserve should "lift-off" and ……Read More
Markets
This Is What Needs To Happen For Oil Prices To Stabilize
On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 ……Read More
Markets
The Shale Delusion: Why The Party’s Over For U.S. Tight Oil
The party is over for tight oil. Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight ……Read More
Markets
Have Central Banks Created a Crisis That They Can’t Fix?
With all of the handwringing over the Federal Reserve's liftoff, there is one factor that will have a significant impact on the economy of the ……Read More