Well Wall Streeters, which is it?  Do we want a strong economy, or low rates?  The data that the Federal Reserve uses to determine interest rates refuses to relent.  That should be great news as it means that despite the most rapid rate cycle in history, the economy remains resilient.  Last week, the United States...Read More

It’s easy to underappreciate the effect that increased interest rates really have on the economy.  Intuitively, when rates go up, debt gets more expensive.Read More