Friday Fun

Climbing a mountain implies a single direction: up.  Yes, from time to time you might reach a false summit that then dips lower for a bit, but the general direction of travel is up.  Inflation isn’t much different.  During your entire life, there have only been rare exceptions to the rising climb.

Welcome to Black Friday.  The day when otherwise normal people morph into bargain-hunting warriors.  Their safari starts at the crack of dawn if they didn’t begin after their Thanksgiving dinner.  Malls become jungles where competitiveness worthy of the Serengeti is unleashed.  For merchants, it can be an exercise in survival of the fittest, each competing for the next

A few days ago, the president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, was interviewed by Bloomberg radio, and I happened to be listening.  In the interview, he referenced a dark matter metaphor used by John Williams, the president of the Federal Reserve Bank of New York.  Atlas searched for the speech or interview in which Mr.

The line "been down so long it looks like up to me" is often associated with the world of traditional blues music.  Themes of hardship, suffering, and resilience are common, and the line offers a potential glimmer of hope.  Despite some effort, Atlas was unable to find an exact origin of this phrase.  The term did, however, become more widely known through Richard Fari&

Breakup songs that make their way into pop culture have a way of staying relevant by transcending time and touching the hearts of generations.  Who can listen to Etta James sing “I’d Rather Go Blind” and not feel the pain of losing the one you love?  Who can resist singing along with the Righteous Brothers whe

American cuisine is complicated.  The nation doesn’t exactly have a uniform palette.  Instead we have regional differences.  Take marinades for instance.  In the Northeast, a common marinade is made with apple cider vinegar, maple syrup, mustard, garlic, and herbs.  In the South, a traditional marinade is made with buttermilk, hot sauce, garlic, and onion powder.

Goldilocks was tired and hungry when she came across the Bears’ home.  Wanting to catch up on some sleep, she first tried Papa Bear’s bed, but it was too hard.  Then she jumped into Mama Bear’s, but it was too soft.

Interest rates are crucial to economic activity.  They impact the costs and therefore the incentives of financing the three pillars of the American economy: consumption, investment, and government spending.  Borrowing is done over various durations, from short to long.  Costs of loans are typically found on a menu known as a yield curve.

Macroeconomics can be very personal.  Those observing the changes in its machination are often watching the same or similar factors, yet their description of an economy can be very different.  While decorum is often kept in the field, sometimes things are said which evoke thoughts of obscenity.  This happened Wednesday as the Chair of the Federal Reserve, Jerome Powell, responded

Are we in a drought or not?  It depends on where you live.  According to the map above, virtually all of California is not.  Those living to the southeast of the Golden State are not so lucky.  How did this come to be?  An excess of rain last year in California helped.  However, the West Coast probably shouldn’t act as if the current state of water will last