Recent Commentaries

Resurrecting the Art of “Purposeful Obfuscation”

In a 2007 CNBC interview, anchor Maria Bartiromo asked then-retired Fed Chair Alan Greenspan to explain the concept of "Fedspeak." His answer was as follows: "It's a… a language of purposeful obfuscation to avoid certain questions coming up, which you know you can't...

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Fed > ECB > BoE

I don't typically like using charts in my market commentaries. I have always been more of a words over pictures kinda guy. But occasionally I break with standard protocol, especially when something worthy catches my eye. And to be sure, the following two charts meet...

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Hey… well done, Jay!!!

I was thinking of titling today’s missive “It just ain’t that bad – part 3,” but then I thought that a little too banal. The bottom line, though, is that this past week’s inflation data certainly adds to a theme of overall positivity. A 3.6% unemployment rate combined...

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