Economy
Pols and Bureaucrats Insist There Is “No Recession”
THAT DOESN’T CHANGE REALITY! The Fed raised the Federal Funds interest rate (the rate banks pay for reserves) on Wednesday by 75 basis points (bps)
Universal Value Advisors
August 2, 2022
Federal Reserve
Reprise: Why the Upcoming Rise in Interest Rates will be the Fed’s Last Hurrah
The equity market rally this week (ended July 22) looks to us to be a “Bear Market” rally supported by short-covering and the mistaken belief
Universal Value Advisors
July 25, 2022
Economy
Inflation Peaks, Economy Weakens
The Fed’s Last Hurrah It was a down week for equity markets due to the ugly CPI print (+9.1% Y/Y) on Wednesday (July 13). Some
Universal Value Advisors
July 19, 2022
recession
Recession Has Arrived
Depth and Duration Dependent on the Fed After a horrible June for equities, July’s first full week was positive (see table), no doubt reversing some
Universal Value Advisors
July 12, 2022
housing
The Recession: It’s Here
Inflation Prognosis: Lower Equity investors just endured the worst first six months of any year since 1970. This occurred despite a “Bear Market” rally in
Universal Value Advisors
July 5, 2022
