Artis Shepherd

Articles

12/19/2024 Power & Market Artis Shepherd

Damascus has fallen. After thirteen years of brutal civil war, Bashar al-Assad—who once vowed to die in Syria—has fled to Moscow, leaving behind a nation in tatters. But Syria’s next chapter may be...

US Bond Yields Rise as Reserve Currency Status Wanes

12/03/2024 Mises Wire Artis Shepherd

With much consternation, capital markets participants are watching US treasury bond yields go up while Jerome Powell and the Fed continue to lower the Fed Funds Rate in an effort to spur another round...

Distress in Commercial Real Estate Bonds Hits All-Time High

11/22/2024 Mises Wire Artis Shepherd

Commercial real estate continues to suffer despite the Federal Reserve’s attempt at ameliorating the capital markets with a 50-basis point rate cut in September. The pain is especially apparent in the...

Media

Caplan’s Errors on the UAE and Open Borders

12/18/2024 Artis Shepherd

Economist Bryan Caplan has held up the United Arab Emirates as an example of how open borders can be successful. Caplan clearly does not understand how immigration works in the UAE.

Markets Made of Glass—How the Fed Destroyed Economic Resilience

12/03/2024 Artis Shepherd

For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today.

Home Ownership Is Not the American Dream

10/18/2024 Artis Shepherd

Home prices continue to rise as the government tries to further intervene into the housing markets, all in the name of the “American Dream.” However, remember that these massive increases in housing prices began when the government decided to make housing more “affordable.”

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