Each year the Kansas City branch of the Federal Reserve hosts a symposium in Jackson Hole, Wyoming. It’s a who’s who of economics, finance, and central banking. The world’s brain trust gathers to enjoy the bears, do some fishing, and see the natural beauty that accompanies any event with the Grand Tetons as a backdrop. In between sessions with the great outdo
Baseball season is about half way over with the All-Star Game taking place this coming Tuesday. Fans of the Los Angeles Dodgers have, thus far, been treated to a winning season. Of course, October is many months away, so it’s premature to call this year’s team champions. Contrarily, the calendar year is just beyond the half-way mark, and the Federal Reserve isn&rsq
Any casual observer knows inflation is rising. Gas prices are frustrating Americans during the summer travel season. Airlines aren’t helping much. Seat restrictions are limiting supply while demand is growing as more and more folks venture away from home, still scarred by the previous couple of years being tethered to one’s abode.
When I was his age, preparing for marriage filled a lot of my time. Harry Styles, however, is on a much different trajectory than I was then. His musical career started in 2010 when he showed up on the British music competition series The X Factor. Eventually, he was teamed up with One Direction, one of the best-selling boy bands in history.
Markets continued their turbulent ways this week. One might put the blame on three retail companies which announced earnings that were all weaker than expected. This matters because they are bellwethers of consumption and therefore the economy, an economy which Atlas believes is becoming Overtaken By Events.