Earlier today, I encountered an article written by Brendan Brown of the Mises Institute. In this article, he appears to be suggesting that inflation was always going to decline following its initial spike due to the pandemic. His reasoning for this statement rests in a belief that the high inflation that we experienced in 2021…
Month: August 2023
The Market Continues To Look Expensive
In various previous articles and blog posts, I have suggested that the Federal Reserve will not be as accommodating with interest rates as the market wants. Over the first half of the year, the market was trading as though it was widely anticipating that July would be the final rate hike, and the central bank…
Making The Case For Oil Prices
It is unlikely to come as a surprise to anyone reading this that energy prices have generally not performed very well over the past year. As of the time of writing, West Texas Intermediate crude oil has declined 17.1% over the past twelve months: Natural gas has certainly not performed any better. This commodity is…