Camp Kotok Update: Up Tomah Stream
A brief report on day one of Camp Kotok, topics under discussion, and what lies ahead this week
On Fed Independence: Kathleen Hays Interviews Bob Eisenbeis and Charles Plosser
Eisenbeis: The Fed is not guilty of anything but doing its mandated job — and well. Plosser: Independent central banks have better policy outcomes.
Camp Kotok Update: Plenty to Talk About!
Standing on the deck at Leen’s Lodge yesterday afternoon, I previewed some of the discussions we will have at Camp Kotok this week.
Kotok Quick Take: On Campobello Island
Join me for a quick video visit to Campobello Island and the Roosevelts’ summer home there.
Jobs Report and Health Update
I comment following Friday’s dismal jobs report, and we turn to a healthcare-related update.
Kotok Quick Take — Tariffs as Equivalent to a $2/Gallon Gas Tax Increase? Adjust Up!
Yesterday’s tariff announcements will shift the size of the tariff shock yet again.
Market Discussion Series Part 7: Tariffs vs Gasoline Price Shocks — Similar?
Readers asked for a way to understand the magnitude of the tariff shock. Here’s one way to think about it.
Antisemitism, Grok, and Joseph Goebbels
Grok explains its “Mechahitler”; we compare Joseph Goebbels’ propaganda use of radio and the history of antisemitism.
Markets Discussion Series Part 6: Where Is the Dollar Going and Why?
The Real Effective Exchange Rate (REER) is beginning to reflect US policy now aimed at weakening the dollar.
Bob Eisenbeis: Will He or Won’t He Try to Fire Chairman Powell?
Fed analyst Bob Eisenbeis weighs the Trump administration’s attacks against an independent Fed and the chances that Trump will try to oust Powell.