Where is the Economy?

What’s going on with the markets and the economy?  Long-term Treasury yields are up substantially since last Fall while the […]

An Age of Fiscal Limits

Wars cost money, and throughout history countries have borrowed to fight them.  There are plenty of examples of wars bankrupting […]

PPI July 2023

The Producer Price Index (PPI) rose 0.3% in July, coming in above the consensus expected +0.2%. Producer prices are up […]

CPI July 2023

The Consumer Price Index (CPI) rose 0.2% in July, matching consensus expectations.  The CPI is up 3.2% from a year […]