Profiles

We've all hear the reports of inflation by now, but what about the shrinkflation going on?

The history of bailouts in the United States is a record of broken promises and growing moral hazard.

If we do not correctly take into account the opportunity cost, in terms of lives that can be lost from lockdowns, then we will most likely continue to make bad decisions in the future.

With each passing recession, the Fed finds it harder to refuel the last bubble, but the market moves on to the new bubble as the Fed keeps interest rates artificially low.