David Kelly, CFA, chief global strategist at J.P. Morgan Funds, outlines three problems with the current Federal Reserve policy of zero interest rates and quantitative easing. Read more
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The slightest rise in rates here in the US could devastate federal, state, and municipal budgets nationwide. All of which goes a long way to explaining the Fed’s brute determination to keep interest rates miniscule. Read more
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We all know that we live in unusual times. But are there any insights that can be gained by viewing current events through the lens of recent research in economics? As it turns out, there are a lot. Read more
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