Category Archives: Main Page

Monetary shock with negative impacts through 2023 and 2025

Posted on May 3, 2023 by Danielle Park

An April 2023 NBER paper warns that the Fed’s rapid tightening actions since 2022 were a monetary shock that has negative economic impacts for this year and next. Mind the lags. See Does Monetary Policy Matter? The Narrative Approach after 35 … Continue reading →

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Three of the four largest US bank failures have happened since March

Posted on May 2, 2023 by Danielle Park

A decade of near-zero policy rates allowed banks to boost profits by paying next to nothing on customer deposits from 2011-2021. Then, everything changed. Below is a list of the largest seven US bank failures by asset size courtesy of … Continue reading →

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Hoisington Review and Outlook First Quarter 2023

Posted on May 1, 2023 by Danielle Park

Hoisington Investment Management’s First Quarter 2023 Review and Outlook is now available; see Financial Cycles lead Business Cycles. The bottom line is that (lagging) inflation is receding with economic activity. Rising unemployment and higher government bond prices (falling yields) are … Continue reading →

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