Unpacking Inflation

Unpacking Inflation

Running large government deficits over an indefinite timeframe is generally inflationary to the economy. The purpose of federal deficits is to increase the supply of money when economic conditions are challenging. The US government has used significant deficit...
SPAC Impact on Investing

SPAC Impact on Investing

Special Purpose Acquisition Companies (SPACs) have become a popular topic for discussion in the mainstream conversation of finance in recent months. The primary purpose of a SPAC is to make a public offering of a private company. In SPACs, private companies are able...
Expansionary Links

Expansionary Links

People need currency to conduct financial transactions in the economy. The demand function for currency says that lesser quantities of currency are demanded when interest rates are high, and larger quantities are in demand when rates are low. Currency supply, on the...
A Short Seller Squeeze

A Short Seller Squeeze

An unusual amount of stock speculation has taken place in a handful of distressed stocks as of late. One such stock is GameStop, a video game retailer, which has become a subject of popular conversation and a source of hedge fund pain. The GameStop story paints a...
2020 in Hindsight

2020 in Hindsight

A historic year has finally come to an end and this new year will help usher in a wave of optimism. 2020 was undoubtedly a challenging year for all, but societies around the world were able to display resilience and prove that human ingenuity is capable of solving...
Signals of a Recovery

Signals of a Recovery

November brought several large events that drove equity returns higher. The trailing one-month returns on stocks were large enough to push all year-to-date returns on the major stock categories positive for the year. The returns on out-of-favor stock categories like...