What an era to be alive. Americans have no shortage of entertainment options. We’re just beginning to be able to see movies in theatres again; Broadway is planning its return; visits to amusement parks are part of the nation’s reopening; and our at-home selection of programs to stream is robust. Binge watching is available 24/7. But it wasn’t always thi
The curvature of U.S. bond yields has attracted a lot of press of late. Atlas has written about it in some of our blogs, and the significance of a possible inversion has frequently been a subject of discussion at our Pie Parties. Whatever current shape the curve takes or your choice of maturity, the returns are still positive. That's to be expected, right?
Monetary policies executed by the Federal Open Market Committee (FOMC) are designed to fulfill our central bank’s dual mandate: full-employment and price stability. What the heck do those terms mean?
Relay races are exciting. You get the fastest runners from around the globe and wait for world records to be set. Of course, the most dangerous portion of the competition occurs during the handoff. If a smooth connection isn’t made, forget finishing the race, let alone contacting the folks from Guinness World Records.
Existing homes sales declined at the end of 2017 but edged higher for the year, putting in the best annual tally since 2006. Data from the National Association of Realtors (NAR) show sales dropped 3.3 in December to 5.57 million annualized units, a decline from the downwardly revised tally of 5.78 million in November (originally 5.81 million). Despite the revision, November 2017 was
America is quickly approaching its debt limit, and some market participants are concerned. Their worry stems from the possibility that our nation will be unable to pay debts that mature soon. According to projections from the Congressional Budget Office, the Treasury will run out of money in early to mid-October. For the first time since the financial crisis of 2008-2009, the