◀ The Principal Blog

Posts from the ‘Economic Insights’ category

Will the Real Inflation Hawks Please Stand Up?



The Federal Reserve started buying mortgage-backed securities and Treasurys right after the financial crisis.  After six years and three rounds of quantitative easing (QE), the Fed’s balance sheet has ballooned to US$4.5 trillion dollars. A lot of prominent economists and academics feared this…

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Strong September Jobs, Weak Wage Growth – September Jobs Report (Video)



The September jobs report came out on Friday, October 3, 2014. The jobs numbers were decent and the unemployment rate dropped below 6% for the first time since the summer of 2008. One of the only negatives in the report was flat wage growth numbers. Here are my thoughts on the report and our…

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