Why Austan Goolsbee Is Still Concerned About Inflation
Chicago Fed President Austan Goolsbee is still more concerned about the inflation side of the Fed's mandate than he is about the employment side. This is noteworthy because in general markets are expe...
23 Elo 202534min
Lots More on What Just Happened With the Fed at Jackson Hole
We're still at the Kansas City Federal Reserve Bank's annual economic symposium in Jackson Hole, where we just heard Fed Chair Jerome Powell's big speech. The speech -- which opened the door to a Sept...
22 Elo 202518min
Kansas City's Fed President on What Everyone Will Be Talking About at Jackson Hole
It's Jackson Hole time again, when the most prominent minds in monetary policy meet in an idyllic Wyoming setting for the Federal Reserve Bank of Kansas City's annual symposium on monetary policy. For...
21 Elo 202550min
This Is What Happens When a Startup Dies
You always hear about startup exits. Big acquisitions. Big IPOs. But of course this isn’t the fate for most new ventures. Many of them die outright, without any kind of “exit” at all for shareholders....
20 Elo 202546min
Lessons From A Sovereign Wealth Fund in the United States (Correct)
President Trump and others have talked about the idea of the US having a Sovereign Wealth Fund, a la the UAE or Singapore. It feels like a longshot, but as it turns out, there are actually several Sov...
18 Elo 202546min
Housing Is a Problem Even in a State With Declining Population
You can kind of understand why it's so hard to build housing in New York City. There isn't much available land. It's already pretty built up. And then, add in the fact that so many people want to live...
16 Elo 202552min
Lots More With Skanda Amarnath on This Moment in Macro
Right now, you could make a good argument that inflation is still too hot, and that with the stock market booming, and the unemployment rate at 4.2%, that it's crazy to think about cutting rates. You ...
15 Elo 202529min
The Investors Who Think Hazelnuts Will Be the Next Pistachios
We're in an age where shocks can occur on both the supply side and the demand side. On the supply side, the causes are well known. Pandemics, trade wars, and climate disruption have exposed the frailt...
14 Elo 202542min
