Brian Romanchuk's commentary and books on bond market economics.
Latest Book: Recessions
Thursday, January 14, 2021
Treasury Sell-Off Following Past Patterns
The sell-off in the Treasury market is following the footsteps of other mini-bear markets that have happened at the tail end of recessions. ...
Sunday, January 10, 2021
The Implausibility Of The Chapwood Index
The Chapwood Index has become a popular source to cite by hard money proponents who are pushing the line that inflation is really much highe...
Monday, January 4, 2021
Transfers And Overheating
A recent controversy that erupted was the question as to whether transfer payments (such as the $2000 transfer that was debated in the Unite...
Wednesday, December 23, 2020
Happy Holidays to you and yours! I will probably be offline until early January.
Tuesday, December 22, 2020
Animal Spirits In A Monetary Model: Initial Comments
Roger E.A. Farmer and Konstantin Platonov published "Animal Spirits in a Monetary Model" in 2019 ( link ). This is a continuation ...
Sunday, December 20, 2020
Fiscal Dominance As Obfuscation
One phrase that keeps being used by mainstream economists is "fiscal dominance." This is a fuzzy term that is being used to expres...
Wednesday, December 16, 2020
Recovery In U.S. Inflation Breakevens Not Surprising
The rise in in breakeven inflation in the United States is not particularly surprising, as it is just a return to projecting previous condit...
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