Month: February 2017

Since 2009, the stock market has had quite a run! Per the chart in today’s Wall Street Journal, the value has more than doubled since the recession low. The question of course is whether it has gone too far too fast! Has it just caught up to where it would have been if it had not […]

This is an interesting chart. It is supposed to highlight the situation the Federal Reserve is now in with regard to the size of its balance sheet and the what it might do next – raise short-term rates or reduce the size of its balance sheet. Obviously its holdings are very large, but I was somewhat […]