by Andrew Moran | Aug 16, 2023 | Articles, Business News, Good Reads, Opinion
Some market observers were stumped when Federal Reserve Chair Jerome Powell suggested that the annual inflation rate would not return to the central bank’s 2% target for another few years. Why, the consumer price index (CPI) had been slowing for 12 straight...
by Andrew Moran | Jul 27, 2023 | Articles, Economic Affairs News, Opinion
Twenty-two years ago, Gladiator was the best motion picture at the Academy Awards, the Arizona Diamondbacks defeated the New York Yankees in the seventh game of the World Series, and President Joe Biden was serving his 28th year in the Senate. Oh, and interest rates...
by Andrew Moran | Jun 30, 2023 | Business News, Lights, Camera, Action, Opinion, Swamponomics
All has been quiet on the banking front. After First Republic became the latest financial institution to crumble, conditions have appeared to stabilize. But then you look at several data points and industry survey and it is realized that the banking turmoil is still...
by Andrew Moran | Jun 18, 2023 | Articles, Business News, Opinion
It has been 15 months since the Federal Reserve kicked off its quantitative tightening campaign, a monetary policy that raises interest rates from historically low territory and trims the $9 trillion balance sheet. In March 2022, economists and market analysts priced...
by Andrew Moran | Jun 5, 2023 | Business News, Columns, Lights, Camera, Action, Opinion
Now that President Joe Biden has signed the bipartisan debt ceiling agreement, the issue should be over for the next 19 months. It is time to bury it in the backyard, wait for the drama to unfold in 2025, and home in on another crisis in the meantime. But can we?...