Now that Jay Powell & Co. have given up the pretense of a soft landing for the U.S. economy, risk markets are busy facing the harsh...

Inflation is not dead, it's just late to the party. Today's 'miss' on the CPI is further evidence that the price stability we are seeking...

I apologize in advance for the lack of conviction in this week's post but sometimes it just feels like it doesn't much matter what I say...