I have always said you can tell a lot about a person from what they choose to read (or in today's world if they still read). I didn't always enjoy reading, but my 11th grade American Literature teacher helped me find books that I enjoyed which fostered a
The problem with a Federal Reserve who says they are both 'data-driven' but calls the data 'noisy' is it is difficult to determine whether or not the most recent data will change their mind. Their track record in predicting things like an implosion of a tech stock bubble, a
For far too long (in my opinion) the Federal Reserve has tried to manage the economy, inflation, and the stock market under the guise of 'financial stability'. This manipulation has caused what used to be the normal economic cycles to last longer, but have much higher and lower swings.
During
Not that there was any surprise, but last week President Biden and former President Trump "officially" became the winners of their party's nomination, so the rematch is set. Like most election years I'm already hearing from clients and advisors wanting to "wait until after the election" to make
The nice part about using a quantitative approach is we don't have to ask questions when the data disagrees with our opinion. The data is the only thing that matters. As we wrap up another month for SEM's economic model, I'll give you the conclusion first – the
