Is Fed Tightening Just Getting Started?

2022-08-30T17:59:02+00:00August 30th, 2022|Categories: INVESTMENT|

Executive Summary Between the 2008 Financial Crisis and the start of the pandemic, the Federal Reserve Bank increased its balance sheet from approximately $850 billion to about $4 trillion. From there the pandemic created a panic, and they further increased it to nearly $9 trillion (See first [...]

Is the Bear Market Rally Over?

2022-08-23T18:36:19+00:00August 23rd, 2022|Categories: INVESTMENT|

Executive Summary After falling about 23% for the year as of June 16th, the S&P 500 began a strong bear market rally of 17% (see first graph). Many pundits were calling the end of the bear, and the beginning  of a new bull market. However, as shown [...]

Does It Really Reduce Inflation?

2022-08-09T16:19:36+00:00August 9th, 2022|Categories: INVESTMENT|

Executive Summary On Saturday, August 6, the Senate passed what is ironically titled the Inflation Reduction Act, which outlines $485 billion in new spending. After massive stimulus packages during the pandemic (2020-2021), Federal deficits increased by 38% and inflation is now around 9%. The third chart below [...]