The Markets and the Search for a Refiner’s Fire: Staring in the Mirror
In chapter 19 of the Odyssey, Homer writes about Penelope’s encounter with a mysterious guest. “Falsehoods all, but he gave his falsehoods all the ring of truth. As she listened on, her tears flowed and soaked her cheeks as the heavy snow melts down from the high...Weekly Market Update
Market Action Another FOMC meeting and another pass on a rate hike as the Federal Reserve left rates unchanged and lowered its forecast for future interest rates. Stocks rallied even though Chairwoman Yellen provided a strong indication that a hike will occur before...Weekly Market Update
Market Action Markets recovered some of their losses from last week as the Nasdaq approaches an all-time high thanks to Apple’s resurgence in the midst of iPhone 7 demand. Median household income rose at the greatest rate in nearly a generation according to data...Enlightenment in the Era of Central Banking: Fearing the Normal or Normalizing Fear?
The flowering of the Enlightenment across Europe in the 17th and 18th centuries took place when a diverse group of thinkers questioned perceived opinion. The names of Descartes, Spinoza, Locke, Hobbes, Leibniz, Hume and of many others are associated with free and...Weekly Market Update
Market Action Volatility returned to the markets in a big way with the VIX rising 40% and giving stocks their worst day since the Brexit vote. Among the factors being cited as the cause of Friday’s sell off is inaction by the ECB. Mario Draghi did not announce any new...Sign Up for Our Publications
