She's Still Here... (Me and the Money Printer)

An interview in the Australian Financial Review with Janet Yellen shows us again that it's getting harder to take academics working at newspapers seriously when it comes to inflation.

Dear Fellow Expat:

She’s still here.

It’s still spring break for my daughter Amelia.

While I’ve been filming shows, writing reports on Berkshire Hathaway (BRK.B), and trading this surprise break of the 20-day moving average for the SPDR S&P 500 ETF (SPY), our Equity Signal has pushed back to Yellow this afternoon.

Yep… she’s still here.

Amelia’s got a princess dress on… she’s watching chess videos… and she demands that we “do something” on the first Monday that we’ve seen a breakout for FAANG stocks in weeks.

I’ve got to find something to do this afternoon… after this market close.

But first… a reminder that someone else is still here…

And this “someone” won’t go away.

Janet Yellen: Cognitive Dissonance or Political Posturing?

It’s one of those interviews that you have to see to believe…

Richard Holden, Scientia Professor of Economics at UNSW Business School, recently interviewed former Treasury Secretary Janet Yellen in the Australian Financial Review.

What follows is another masterclass …