by Steve Carr | May 16, 2022 | Economics & Capital Markets, Peloton Updates |
“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” – Milton Friedman How We Got Here There is only one threat driving the sharp correction in...
by David Morrison | Mar 15, 2022 | Economics & Capital Markets, Peloton Updates |
The Federal Open Market Committee (FOMC) gathers this week for the first time in 2022 (they are scheduled to meet 7 times in 2022). Federal Reserve Chairman, Jerome Powell, and committee members are tasked with their dual mandate to promote maximum employment and...
by Steve Carr | Feb 15, 2022 | Economics & Capital Markets, Peloton Updates |
“As the stock price was going the wrong way, everything inside the company was going the right way.” With these words, founder & CEO Jeff Bezos described the disconnect during the Dot-com Bubble between how Amazon’s stock (AMZN) and Amazon the company were...
by David Morrison | Dec 14, 2021 | Economics & Capital Markets, Peloton Updates |
The Centers for Disease Control and Prevention (CDC) confirmed the first United States COVID-19 case on January 20, 2020. By March 13, 2020, President Trump had declared a national emergency and the Federal Reserve (Fed) stepped in with a broad array of accommodative...
by David Morrison | Sep 16, 2021 | Economics & Capital Markets, Peloton Updates |
“Tapering is tightening” is a common saying on Wall Street describing the Federal Reserve’s anticipated reduction in its stimulus program and rising interest rates. In response to the Covid-19 pandemic, the Federal Reserve initiated several broad actions to limit the...
by Steve Carr | Feb 17, 2021 | Economics & Capital Markets, Peloton Updates |
Investing in a Low-Yield Environment The graph to the right traces the yield of the 10 Year U.S. Treasury Note since 1962. The causes for the long-term downward trend since 1981 are well-known: the Volcker Fed breaking inflation and, for the last 12 years, persistent...
