2021 Is The Year Of The Consumer
The January retail sales report was very good and February should be decent while jobless claims could start falling sharply this spring.
Read MoreFeb 18, 2021
The January retail sales report was very good and February should be decent while jobless claims could start falling sharply this spring.
Read MoreFeb 17, 2021
Traditionally, if we were in an environment with high breakeven inflation and very low real yields, this would be a recipe for stagflation.
Read MoreFeb 16, 2021
What seemed impossible in 2020 is happening in 2021. The yield curve is steepening and commodities are rallying.
Read MoreFeb 15, 2021
America’s fertility rate is dropping quickly. It makes sense to have a plan now instead of waiting 20 years.
Read MoreFeb 12, 2021
Shelter should keep a lid on CPI even as commodity prices stay strong. Once rent inflation comes back, that will revert.
Read More