Are Businesses the New Banks?

September 28, 2015 – More than half of all cash on the books at corporations is invested in investment grade corporate bonds. The record high comes from the decreased investments in US Treasurys, commercial paper, and CDs. Money market funds are becoming less attractive due to new SEC rules and deposits are tougher on banks due to the banking rules …

What CPI Tells Us About Prices

September 9, 2015 – The FED justified its aggressive monetary policy in 2010 as a way to “promote a stronger pace of economic recovery”. Have prices risen in the last 15 years because more dollars are chasing fewer goods? This chart shows a cumulative increase in price on a percentage basis indexed from 2000. For reference, a growth of 2% …