Inverted yield curves don't cause recessions -- and this one isn't signaling one, either.
Nope. Indeed, gold may be signaling the first synchronized global inflation event in over two decades.
As the new Fed chairman takes office, his deepest beliefs will pull him in opposite policy directions.
The Fed might be approaching neutrality, but that doesn't mean it's done.
More thrills and spills on the way to extension of the 2003 tax cuts -- and a remembrance of what those cuts have done for the economy.
Stocks are priced neither for the best nor the worst policy outcomes.
This expansion remains robust -- and its detractors are focusing on every risk except the relevant ones.
Fears that a new Fed chair will let inflation break out here are overdone.
Extending the 2003 tax cuts is now complicated by an accounting penalty on big oil.
Statistical artifacts are holding down reported inflation. Soon those same artifacts will boost it.