Fed Rate Hike this Week – Here is the Conundrum

https://www.frbsf.org/education/publications/doctor-econ/2013/march/federal-reserve-interest-balances-reserves/ One article read this weekend – think it was from the CNBC app – noted that the surprise with this week’s FOMC announcement could be that that the Fed starts paying interest on member bank deposits ? I have … Continued

Could 2018 See 3.9% Unemployment for the First Time Since 1960’s?

https://data.bls.gov/timeseries/LNU04000000?periods=Annual+Data&periods_option=specific_periods&years_option=all_years The above link is a data set from the BLS for post World War II unemployment rates, and with the US economy currently sitting at 4.1% unemployment the night before the December ’17 non-farm payroll and unemployment data are … Continued

The Bond Market is the Risk in 2018

Supposedly, the old-school Sicilian Mafia have an old saying, “the snake lays coiled in Napoli” which supposedly means that in older Italy, when the Mafioso ran the country and the Mafia power centers were split between Sicily and Naples, the … Continued