The Real Reason Prices Are Falling

I got an email yesterday that perfectly shows the power of “deflation leaders.” It was about Google’s plans to mess up the world of higher education. It’s the free market’s response to a problem that’s plagued the nation for a generation… maybe longer. Google, it turns out, just announced the details of its new professional … Continued

What to Do With Rising Rates

Interest rates are rising. That’s no secret. Since the beginning of the year, the benchmark 10-year Treasury has gone from 0.91% to 1.6%. Real interest rates (subtracting the rate of inflation from the 10-year) have gone from negative 1% to negative 0.62%. Clearly, investors are bracing for inflation – a drum we’ve been beating for … Continued