Tag Archives: Fed policy

Stock Prices Will Grind Higher

After being long and wrong in 2007 and 2008, I have been correctly bullish on stocks for the last few years, arguing they would scale the proverbial wall of worry. Bonds, on the other hand, have looked to me to … Continue reading

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Has Yellen Heard of Obamacare?

In this week’s Barron’s Randall W. Forsyth, citing research by Stephanie Pomboy’s Macro Mavens, makes a point I have been making for a few years. Supposedly strong employment gains in recent months, Pomboy notes, consist largely of part time jobs. … Continue reading

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The Mill & Bill War: a Report from the Southern Front

Barack Obama promised to “transform” America by curbing income inequality, and toward that end he declared war on “millionaires and billionaires.”  To gauge his progress in this noble campaign, I departed the frigid climes of the Northeast for Palm Beach, … Continue reading

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