by J Thomas Knight | Jul 27, 2021 | Commentaries
Commentary: July 26, 2021 Shortest ever. Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020. Economic activity peaked in February 2020 and bottomed in April 2020. That makes the...
by J Thomas Knight | Jul 12, 2021 | Commentaries
Commentary: July 12, 2021 Rubbernecking the Treasuries There was a gapers’ (rubberneckers’) block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to. U.S. Treasury bonds rallied last week....
by J Thomas Knight | Jul 6, 2021 | Commentaries
Commentary: July 06, 2021 The world is about halfway back to normal. The Economist developed the Global Normalcy Index (GNI) to measure the post-pandemic return to normal. In March 2020, the GNI was 35 overall, with 100 being the normal pre-pandemic level. At the end...
by J Thomas Knight | Jun 28, 2021 | Commentaries
Commentary: June 28, 2021 What begins with the letter “I”? Infrastructure Infrastructure is essential and sometimes taken for granted. Pipes carry drinking water to our homes, offices, and healthcare facilities, and carry away sewage and wastewater. Highways,...
by J Thomas Knight | Jun 21, 2021 | Commentaries
Commentary: June 21, 2021 Is that a hawk? The Federal Reserve Open Market Committee (FOMC) met last week. They get together eight times a year to review current economic and financial conditions, assess risks to price stability and economic growth, and adjust...
