September 27, 2018
Fed Raises Rates in Highly Anticipated Move

The FOMC decided to raise rates another 25bp to a high mark range of 2.25%. We applaud the continued move; however, we feel that we could be doing...

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July 12, 2018
Will the Velocity of Money Finally Rise?

Last week we saw NFPayrolls rise 213k above the 195k that was widely expected.  May’s payroll report was also revised higher by some 21k to 244k....

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October 4, 2017
Breaking Down the 'IOER': Interest paid On Excess Reserves

                We decided to start this week's letter with the latest data put out from the Federal Reserve's latest "Survey of Consumer Finance...

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