Recession or Not? Historically, the onset of a recession seems to happen quickly. Why is that? Former Federal Reserve Chairmen’s Janet Yellen and Ben Bernanke spoke on January 4, 2019: “I don’t think that expansions just die of old age. [...]

What are Cryptocurrencies? We have had many questions about bitcoin and blockchain recently. Because this is such a hot topic, we will try and explain as simply as we can, this complicated subject that has gained in popularity so fast. [...]

Why Reverse Quantitative Easing? Consequences of Unwinding the Federal Reserve Balance Sheet One of the great unknowns going forward is the consequences of shrinking the Federal Reserves (FED) balance sheet. Neither the FED nor anyone else knows exactly how this [...]