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Daily Archives: May 5, 2021
Secular inflation or inflated expectations?
The year-over-year rise in commodity prices into May has been the highest in 40-years (shown below since 1976 courtesy of Bloomberg–click for a close-up). When we look at this chart, it’s worth noting that previous commodity price spikes were followed … Continue reading
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Better Markets CEO warns on financial casino
BNN Bloomberg speaks with Dennis Kelleher, co-founder, president and CEO of Better Markets, talks about what he calls a “significant lack of transparency in financial markets”. In part, due to former U.S. President Trump’s efforts to undue the Dodd-Frank Act. … Continue reading
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