About-Face

About-Face

  The Federal Reserve prides itself on being data-driven, but this chart shows just how quickly their outlook can shift. It shows the percentage of Fed members who view rising inflation as a greater risk than falling prices. For most of the past decade, that...
The Wealth Effect

The Wealth Effect

  Some say the economy is on shaky ground. They point to high interest rates. They talk about inflation. They worry about a slowdown. But if you look at household wealth, you’d see a different story. This week’s indicator, Household Real Estate vs. Household...