The Bifurcation Of The Credit Market
Do low rates exacerbate inequality? Most would say no, since low rates mean that borrowing is cheaper across the board. Except that it isn’t across the board.
The Rally In Lumber & Inequality Part 2
What do lumber prices tell us about inequality, the labor market, and future economic consequences? Could they hint at future social and political upheaval?
The Rally In Lumber & Inequality Part 1
Another commodity making record highs is lumber. Specifically, lumber in the United States. What is driving this rally in this time of great uncertainty?
How Has QE Made Inequality Worse? The Housing Perspective
QE has not created robust growth, or the inflation that comes with it. Instead, it has exacerbated inequality, leading to inflation in assets like US housing.
