Finding Interest
The Big Picture “Never try to time the bond market, anyone who claims to know the future of interest rates is certifiable” – Jane Bryan Quinn Fair enough. However, that has not stopped the majority of investors from continuing to try! I no longer can count the number of conversations had regarding interest rates. Mostly […]
The Phenomenon
The Big Picture “Inflation is always and everywhere a monetary phenomenon” – Milton Friedman Milton Friedman was a famed Nobel prize economist who contributed greatly to monetary theory. Friedman proposed that inflation was caused by the policy decisions around the money supply. An increase in the supply of money, all else equal, generally led to inflation, […]