Podcast Episodes
Back to SearchAn Information-Rich Week
Episode 357
This article, while nominally titled “Notes on the Week Ahead”, usually detours almost immediately into other issues. However, since we’ve entered wh…
15 hours ago
Haunted Housing: The Outlook for Residential Real Estate
Episode 356
The housing market is haunted. It’s haunted by the legacy of too-easy monetary policy for well over a decade which allowed prices to vault higher in …
1 week ago
A Season of Moderation in the Year of Boom and Doom
Episode 355
This has been a year of distinct seasons for financial markets. The first quarter was dominated by the joint U.S./Israeli attack on Iran and its afte…
3 weeks ago
The PCE-CPI Gap and the Outlook for Further Fed Tightening
Episode 354
On balance, I don’t believe that the Federal Reserve should have raised interest rates last week. However, I must confess that there was one referenc…
1 month, 1 week ago
The Fed Paints itself into a Rate-Hiking Corner
Episode 353
In the Broadway musical, Fiddler on the Roof, Tevye, the well-meaning patriarch of a poor family, has to make some tough choices in a complicated tim…
1 month, 2 weeks ago
The New, New Normal
Episode 352
The era of low growth, low inflation and super-low interest rates that followed the Great Financial Crisis was christened by Mohamed El-Erian as “The…
1 month, 3 weeks ago
Labor Market Mysteries
Episode 351
In a generally upbeat Jackson Hole speech on Friday, Fed Chairman Kevin Warsh asserted that “labor markets are consistent with full employment”. Give…
2 months ago
The Road to $40 Trillion
Episode 350
Money was tight in our early married years. We bought a house we couldn’t afford, purchased a car we couldn’t afford and had all the expenses attenda…
2 months, 1 week ago
What Lies Beneath: An Updated Outlook on the Economy and Investing
Episode 349
The summer of 2026 has been dominated by the AI boom. Some fear that AI is advancing too quickly for thoughtful regulation. Others worry that end-use…
2 months, 3 weeks ago
The People versus Inflation
Episode 348
No one liked the defendant. That much was clear. But when the jury retired to consider their verdict, they hardly knew where to start. The case was s…
3 months ago