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You searched for: label/Volcker rule

Industrial Production

…output was unchanged. The chart shows industrial production this cycle compared to other cycles. The old forecasting rule of thumb was that it took about a year from the bottom…

CPI

…implications. First, this caused my Fed policy index to turn positive for the first time since 2008. This index is a form of a Taylor Rule but it gives inflation…

What Will We Tell the Doctors?

…is weaker if still positive. But the discretionary spending is reduced; Fee-for-Service fades except in the “concierge” segment of the market. Capitation becomes the rule, and the model that has…

Sensible Tax Reform

…rates had deterred big pay packages in the first place). The new rules made it irresistible for those who controlled CEO pay to reward themselves in this way. Crudely put,…