TLT $150

TLT $150

There are basically two narratives you can have at the current moment. The consensus view is that now that inflation is under control, the bear market is over and stocks are on the verge of a new bull market. The…

The Fed Should Pause

The Fed Should Pause

There is a tremendous amount of uncertainty and disagreement about what the Fed will and should do on Wednesday. Nick Timiraos provided an excellent overview in an article on the front page of Tuesday’s Wall Street Journal (“Fed’s Interest-Rate Decision…