I’ve been with my wife for 17 years. And after all that time I finally figured out something really important when we’re fighting – never, never tell her to calm [ … ]

Remember the Taper Tantrum in 2013?  That was when 10 year T-Bond yields rose about 1.3% off a floor of 1.7% and stocks also fell. Over a 6 month period [ … ]

Here are some things I think I am thinking about ETFs. 1) Bloomberg ETF IQ – Let’s get this out of the way because it’s very very important. I am [ … ]

This is way off topic and too political for me, but it’s something I’ve spent a lot of time thinking about in recent years and since it’s Friday maybe most [ … ]

If you’ve been reading my work for any of the last 10 years you know that I’ve sounded like a broken record for much of that time – the USA [ … ]

I got an interesting email the other day: …Your writing is incomprehensibly objective and apolitical. I was wondering if you could provide some tips as to how you think about [ … ]

10 years. It feels like yesterday. Then again, sometimes when I look at the economic data it feels like it never even happened. Whether you feel like the crisis is [ … ]

Here’s an interesting post from John Cochrane on “narrow banking”. Narrow banking is the idea that we could create banks that take a “narrow” type of risk by investing only [ … ]

A little over 10 years ago I sent out a research note to my clients saying that the financial crisis was entering a new stage and that policymakers were behind [ … ]