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Where is the Inflation Monster Hiding?

For the past several years, there has been concern that higher inflation is just around the corner. It is a valid concern, given the damage that high inflation can wreak on an economy and the Fed’s expansion of the money supply. But caution should be exercised in attempting to preempt rising inflation since the facts…

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Economic Outlook: Cyclical Recovery, Structural Challenges

The following are my reflections on the economy after attending the Cameron School of Business Advisory Board Lecture Series featuring John Silvia, Chief Economist, Wells Fargo: Recently, there has been talk about the recent recovery of  the economy. Everyone is guessing: are we really out of the trough? Is it a steady growth? How does…

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