Recent Commentaries

Fed Policy Successes > Lockdown Policy Failures

It seems difficult to dispute that during the month of June BOTH accelerated reopenings and large-scale protests increased the spread of the virus. However, the surge in cases appears to be predominantly among a group of cavalier youngsters, who inhabit states which...

read more

Jay loves my sigs

I want to begin today with some excerpts from a commentary I penned back on April 3rd, entitled The next iteration of risk parity. At that time spoos were still BELOW 2500: What levers will the Fed pull if the economy (and spoos) deteriorate further? Well, they will...

read more
error: Content is protected !!