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Robert Aro

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Your Check Is In the Mail: How "Stimulus" Checks Are Spent

04/27/2021Power & Market

It’s curious to see what spending is considered essential and which is not. Still, the bigger issue is the idea spending can be adequately tracked in order to illustrate where the stimulus checks have gone.

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At the Fed, It's "A Tale of Two Diversities"

04/20/2021Power & Market

The Fed now says it is deeply concerned with "diversity." But this only means the Fed is now seeking to bring on more people of racial and ethnic diversity who nonetheless will be in intellectual and ideological lockstep with the Fed's leadership. 

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Now You Can Join the Fed's Community Advisory Council

04/20/2021Power & Market

There could be a real opportunity to get on “the inside” of the Federal Reserve. Last Monday it was announced the Federal Reserve Board accepting applications for its Community Advisory Council.

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The Fed Does 60 Minutes ... Again

04/15/2021Power & Market

Unfortunately, the problem with this type of interview is that it doesn’t get to the heart of the matter. When asked about why 2% inflation, there was no follow up to challenge Powell. 

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Does the FOMC Even Believe What It's Saying?

04/15/2021Power & Market

Reading the most recent FOMC minutes, it’s difficult to know whether they believe what they say, or are just going through the motions, attempting to stave off economic collapse for as long as possible.

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