This is a collaboration with James Roberts published at Heritage.

SUMMARY

Since the creation of the European Union, EU economic policies have been defined by a never-ending series of fiscal stimulus measures accompanied by accommodative monetary policies. Now, in the United States, some politicians on the left are demanding that the U.S. government implement similar measures. It is important to analyze the risks to the American economy inherent in such policies by examining the impact they have had on the eurozone and Japan, where they have been implemented. Continue reading To Avoid European and Japanese Economic Stagnation, U.S. Should Adopt More Disciplined Fiscal and Monetary Policies →

This is a guest contribution by Seth Levine, CFA.

Many have commented on the froth that they see across the investment markets.  To be sure, I’ve contributed my share to this growing collection (see here, here, here, and here for a few).  Finding value in the “Everything Bubble” –to borrow a phrase from Jesse Felder–has been undoubtedly difficult.  Many have sought the shelter of sovereign bonds.  Continue reading Reframing The Risks And Opportunities In Rates (Guest Post) →