Connecting the Dots, June 2017

One Sector Is Propping Up the US Stock Market

June 27, 2017

US stock benchmarks hit new all-time highs this month, and despite rich valuations, buyers think they’ll go higher still.

Why the Federal Reserve Should Study Algebra

June 20, 2017

The Federal Reserve hiked interest rates again last week. Yes, it was a tiny hike, but as they say, “A quarter-point here and a quarter-point there, and pretty soon you’re talking about real money.”

Get Ready for the Fed’s Big Mistake

June 13, 2017

America is fully employed, or so say the statistics. Federal Reserve officials think the job market is strong enough to justify higher interest rates. They’re afraid inflation will get out of control.

Don’t Count on Deregulation to Save the Trump Trade

June 6, 2017

Americans have hated government red tape since 1776. Our founding document, the Declaration of Independence, complained King George III “sent hither swarms of Officers to harass our people and eat out their substance.”