Tag: interest expense

Our View On Fed Tightening and M&A

Our View On Fed Tightening and M&A

Our view is that the Fed will only truly pursue an extended tightening course (full wind down of QE followed by rate hikes), if price inflation continues to where the Biden Administration feels it will cost the Democrat Party in the 2022 mid-term elections and/or hurt Biden's chances for re-election in 2024. The Fed is … Continue reading Our View On Fed Tightening and M&A

The Most Radical, Irresponsible Monetary Policy In U.S. History

The Most Radical, Irresponsible Monetary Policy In U.S. History

Federal Reserve Chairman Jerome Powell has spearheaded the most radical monetary policy in American history. From zero percent interest rates to Quantitative Easing to Corporate Security Asset Purchases to various lending facilities, to subsidizing fiscal spending programs and deficits - The Fed's resume is not one to be proud of. Under Powell the Fed has … Continue reading The Most Radical, Irresponsible Monetary Policy In U.S. History

Inflating The Debt Away. Higher Prices Are Here To Stay.

Inflating The Debt Away. Higher Prices Are Here To Stay.

More bogus CPI numbers reported yesterday (HERE). The CPI itself is a poor price inflation measure given it excludes so many asset classes such as equities, art and crypto. Let's focus on one CPI line item - "food at home" which was up 0.7% over the past 12 months ended May. Sorry, that's a bogus … Continue reading Inflating The Debt Away. Higher Prices Are Here To Stay.