Tag: Consumer price inflation
Powell’s “Subprime is Contained” Moment
Bernanke got the subprime crisis wrong?
“Subprime is Contained” – Fed Reserve Chair Ben Bernanke, March 2007.
Bernanke, the then Chair of the Federal Reserve had...
Why 2023 has to be worse than 2008
US housing market
2022 witnessed the US equity and bond markets enter a bear market. These are indeed long-term trends and while we might witness...
2022 – The end of an era of blissful ignorance!!!
2022 will be viewed as a pivotal year
In the annals of finance, 2022 will be viewed as a pivotal year – perhaps without even...
Can Powell climb out of the Jackson Hole?
US Fed reiterates its focus only on price stability
In his recent speech at Jackson Hole (given below), Jerome Powell reiterated the overarching commitment of...
Powell hikes herald “the Minsky moment”
75 bps raise the right move by US Fed?
The 75 basis hike by the US Federal Reserve on June 15th was quite extraordinary for...
Extraordinary popular delusions at the Eccles
What emerges from latest FOMC meeting indicates a complete lack of macroeconomic fundamentals
Never in the history of the world has the financial well-being of...
Are we at the Inception of an Inflationary Depression?
The Great Depression was deflationary and the one we are living in the early stages of is going to be inflationary
It is an acknowledged...