What to do with cash now
Every day we shop, not in the grocery store, but in the biggest auction market on the planet, the US Treasury bond market. We search along the 30-year yield curve for the optimum place to park cash. This is what we bought this morning, yield 4.413%
Jackson Lake Lodge
The pastoral scene in the banner is near Jackson Lake Lodge, where we've gone each summer in late August when the annual Federal Reserve Symposium is in full swing. With Powell retiring, is this summer trip worth it this yearr?
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