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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August 15, 2017
Between a Rock and a Hard Place

       Last Friday saw the release of the US CPI report. It rose a paltry 0.1% mom, with yoy growth dropping to a meager 1.7%.  The bond market...

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