Enterprising Investor
Practical analysis for investment professionals

Inflation


Gold and Inflation: An Unstable Relationship

While there are periods when gold has hedged inflation quite well, beware blanket claims of gold's inflation-hedging utility.

Can the Fed Pull Off a Soft Landing?

The yield curve is inverted, implying an imminent recession, but the stock market is at or near record highs. What can we make of these contradictory signals?

Private Equity: Five Lessons from the Global Financial Crisis

If a recession comes, how can the lessons of the global financial crisis (GFC) inform private equity practitioners?

The Weakening US Consumer

The United States is a consumption-driven economy. But over the last half century, the US consumer has been weakening in the face of social and economic pressures.

Can Argentina Recover? Emerging Market Lessons

To be “as rich as an Argentine” was once a common aspiration. What happened?

Strong or Volcker? The Fed and Global Financial Stability

The impact of Fed policy on the global financial system is yet another feature of the COVID-19 pandemic that caught investors off guard.

The Witch of October Is Here: Remember Short-Term Pain = Long-Term Progress

The month of October strikes fear in the hearts of many Wall Street veterans — and for good reason.

The Fed’s “Time of Testing”: Is This Where the Trouble Will Stop?

“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