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Maybe It Won’t Be So Bad?
Yesterday, Kathleen Hays released an excellent video interview with macroeconomist Mickey Levy, a Visiting Scholar at the Hoover Institution. We recommend the interview for two reasons. First, Levy is a globally respected and experienced professional. Second, he offers scenarios regarding the impact of tariffs and does so with balance and not shrill alarmist warnings. He…
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Fishing for Fed’s Independence
(The following was first published on The Kotok Report website and via LISTSERV. For details, visit https://kotokreport.com/.) First, I want to wish all readers the very best and safest holiday celebrations. Our Congress celebrated, too, by giving the United States an added cost of about $50 billion a year in the nation’s interest rate burden. I will…
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FedNow
David R. Kotok, October 6, 2024 (The following was first published on The Kotok Report website and via LISTSERV. For details, visit https://kotokreport.com/.) A rule of thumb is that when politics gets inserted into the management of your money, be very careful and watch the money. We’ve seen that with ETFs like ACVF or ESGU…