Betting Against the Obama Administration’s Economic Policies
But, of course, that wasn’t the question. What have the same returns been since January 1, 2012? Considerably better. The S&P is up 14% and the Dow 9.91%. Continue Reading →
Tag Archives: treasury inflation protected securities
Use Market Data to Measure Expected Inflation
Introduction Economists take it for granted that everyone knows the definition of the real interest rate: r = i – p where i is the nominal interest rate and p Continue Reading →