Biography
Mark J. Higgins, CFA, CFP is a seasoned investment adviser with more than a dozen years of experience serving large institutional investors, such as endowments, foundations, public pension plans, and corporate operating reserves. He is also an avid financial historian and is publishing a book on the full history of the US financial system in early 2023 with Greenleaf Book Group. Higgins received a master's of business administration from the Darden School of Business and graduated Phi Beta Kappa from Georgetown University with bachelors' of arts degrees in English and psychology. He is also a CFA charterholder and CFP professional.
Recession is now a virtual inevitability.
“This is a time of testing -- a testing not only of our capacity collectively to reach coherent and intelligent policies, but to stick with them.” -- Paul Volcker
“The first lesson is that central banks can and should take responsibility for delivering low and stable inflation,”
The inflation storm may have passed. But don't bet on it.
Paul Volcker restored the Fed's credibility through suffering. The Fed's leadership knows that it must pursue a similar course today.