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| | | | In this recent post we discussed the seeming dislocation between levels of crude oil price (in this case WTI) and US equities (S&P500). S... | |
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| | | | Guest post by Norman Mogil Ever since the 2008 financial crisis, there has been a persistent shortage of high-quality government debt. Mo... | |
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| | | | With a sharp rise in interest rates ( see chart ) and with gasoline prices still elevated after a spike this summer ( see chart ), it is i... | |
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www.keithhennessey.com
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| | Update: In the original version of this post I erred in explaining why CBO increased their revenue projection. I simply misread the CBO document. A fuller explanation of my error is here. Corrections are in green below. CBO released their updated economic and budget baseline today, in advance of their estimate of the President's |