Hormuz: The War Heats Up
A quick note after reviewing the events of recent strikes on Iran by the United States. We’re attaching a July 17th note which described, and we’ve excerpted from it, some of the targets.
The Phillips Curve and Kevin Warsh’s Task Forces
Fed Chairman Warsh has announced excellent task force appointments, in my opinion. What models will they consider? Today we will talk about one of them — the Phillips Curve.
Readers Write: Disability Benefits for Veterans and Social Security Tax Reform
In response to recent KR commentaries regarding Social Security and Social Security disability benefits funding, two highly qualified readers weighed in with more food for thought.
Middle East Peace: Fantasy or Possibility? Part 3
This Sunday, we examine the half century that followed the creation of Israel in 1948, as conflicts flared and efforts to forge peace fizzled.
Social Security Trust Fund Question
An astute reader asked how much money is involved with the Social Security Trust Fund shortfall.
HEAT
We look at how planetary heat presents challenges for human health, farming, governments, market agents, and more.
Teethy Fish and Vernon Jones
Three tales of sharp teeth and long fights—but first, a history lesson from Vernon Jones
Kevin Warsh’s Elephant
There’s an elephant in the room; it’s influencing inflation, the Fed balance sheet, federal fiscal policy, and the Fed’s monetary policy discussions.
The Inflation Problem: Sorry, Mr. President.
With a target of 2% inflation, this morning’s PCE report weighs heavily, adding more dimension to the inflation problem evolving in the United States. “Six months ago, President Donald Trump could have reasonably assumed that whoever he picked to lead the Federal Reserve would be able to make a case for lowering interest rates in […]
A Dangerous Narcissist?
Please consider the evidence with an open mind and draw your own conclusion.