The article below was written in another publication back in 2012 when Ben Bernanke was still running the Fed. I searched for it while listening to Janet Yellen discuss the Fed decision-making process because in many ways it reminded me of listening to Ben Bernanke do the same. Let me know your thoughts on whether […]
Why is it that a title insurance guy is beating the drum about the potential economic impact of plunging crude oil prices? You’re probably asking yourself ‘shouldn’t he be focusing on things that he knows about or that may affect his business?’ Well the truth is that the potential economic ramifications of crashing crude oil […]
The worst-case economic scenario for the Russia-Ukraine-Europe-World conflict! With the downing of Malaysia Airlines Flight MH17, what had been an extremely bad but somewhat localized confrontation between Russia and Ukraine, has now escalated to the point that it could possibly morph into a broader regional military conflict that would jeopardize the flow of Russian natural […]
“Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.” (The Rime of the Ancient Mariner) In the United States few of us turn on a faucet or shower with anything but an expectation that it will flow with fresh water in any amount that we want and/or […]
Follow @Hallmark Abstract Service This chart shows the May 18, 2012 10-year sovereign debt yields for the United States, Japan, and the five EU PIIGS (Portugal, Ireland, Italy, Greece and Spain)! Yield spreads between the countries were at these exaggerated levels (although improved for most from the depths of the global financial crisis) due to […]
