There's an old Jackson Brown song titled, “Running on Empty”. In the song Jackson sings, “I

don't know where I'm running now, I'm just running on”.  That pretty much sums up recent economic activity. Things keep running along, but nobody seems quite sure where we're headed. 

Legend has it that one day a nervous Henry Poor, the origin of the “P” in the S&P 500 stock index, asked J.D. Rockefeller where a very volatile stock market might be headed.

Frankly Speaking,

June 2022

Frankly Speaking

Taming a Demanding Monster

Frankly Speaking

The Creation of Inflation

Why the Federal Reserve Bank Isn't...Reserved

In the last twelve months life seemed to run off the rails. Travel, socialization, work, entertainment, shopping, economics, and the stock market all took major deviations from their normal paths. As the COVID vaccination campaign marches forward, and health safety measures are relaxed, the feeling of life finally getting back on track is undeniable.

Ben Franklin said, “Early to bed and early to rise makes a man healthy, wealthy, and wise”. Here's hoping putting 2020 to bed makes our nation more healthy, wealthy, and wise.

Fatigue, Distraction, and Risk