By Lewis Johnson - CHIEF CONCLUSION Investments that could be considered “safe” have changed over time. One key driver of this change is how our financial authorities, in particular the world’s central bankers, have[…]
POSTED ON
March 20th
- POSTED IN
Portfolio Construction for a Challenging World,
interest rates
By Lewis Johnson - CHIEF CONCLUSION The Fed can’t print a vaccine for coronavirus COVID-19, but it can attempt to ease market distress by reversing the spike in real interest rates that took place when the Fed allowed[…]
POSTED ON
September 19th
- POSTED IN
yield curve,
interest rates
By Lewis Johnson - CHIEF CONCLUSION The U.S. Federal Reserve met this week to consider its interest rate policies. The market seems to be increasingly pricing in that a too-slow Fed is falling further behind the curve,[…]
POSTED ON
June 27th
- POSTED IN
Portfolio Construction for a Challenging World,
interest rates
By Lewis Johnson - CHIEF CONCLUSION The Fed is at it again! Not content with its nearly successful attempt six months ago to break the financial world, the Fed is once again fiddling while interest rates burn. Today we[…]