Category Archives: Economics

Fire and Ice

Some say the world will end in fire, Some say in ice. From what I’ve tasted of desire I hold with those who favor fire. But if it had to perish twice, I think I know enough of hate To … Continue reading

Posted in Banks, Bonds, Central banks, Credit, Economics, Finance, Investing, The Fed | Tagged , , , , | Leave a comment

Does/Should the Fed Care About the Stock Market?

Once upon a time, in another millennium, I worked at the Federal Reserve Bank of New York. It was during the reign of Chairman Volcker, first of his name. One thing I did was prepare statistical packages for the officers … Continue reading

Posted in Credit, Economics, Equities, Investing, The Fed | Tagged , , , | 2 Comments

Finance Is a Language

He walked quietly into the lecture room, tall, thin and pale. His suit hung loosely off his frame. He spoke softly: “This is 15.439, Problems in Finance. There is a list of 50 problems for this course. If we do … Continue reading

Posted in Asset Allocation, Bonds, Economics, Finance, Investing | 2 Comments