by wpadmin | Apr 9, 2024 | Perspectives
At its most basic, interest rates reflect supply and demand. Supply comes from the amount of money in circulation and demand from the various parties who, for their own reasons, desire to borrow. In a free market the two sides agree upon a given cost for money, called...
by wpadmin | Mar 12, 2024 | Perspectives
March 5, 2024, witnessed a remarkable sight. Bitcoins set an all-time high and then plunged tenpercent in the same day. Bitcoin prices did stabilize by the end of the day and saw some recovery fromthe lows. Their movement also impacted parts of the stock market, with...
by wpadmin | Feb 13, 2024 | Perspectives
The Consumer Price Index (CPI) was first devised in 1914 to tell the government how much faster prices were rising in coastal towns where warships were being built. Theidea was that the government would add to the wages of defense workers in such localitieswhere...
by wpadmin | Jan 17, 2024 | Perspectives
My first employment out of graduate school at Vanderbilt was with the New Yorkfirm of Kidder, Peabody & Company. The firm brought people in to discuss variouspertinent topics to the training class. For economics we were lectured by a Professor Gamerov. He posed...
by wpadmin | Dec 11, 2023 | Perspectives
According to the American Institute of Individual Investors (AAII), investors were the mostpessimistic in the last twelve months almost one year ago when the weekly index of pessimism aboutthe future reached 52.3%. It is 19.6% now. This is the lowest reading on...
