Follow Us!
Other Economy and Market Commentary
- Bill Gross
- Frank Beck
- Hoisington Management
- Martin Wolf
- Richard Fisher
- Texas Enterprise
Most Popular
-
Recent Posts
About the Spellman Report
Lew Spellman is a Professor of Finance at the University of Texas McCombs School of Business. The Spellman Report seeks to interpret current and future trends in the economy and financial markets from the perspective of history, theory, policy and market expectations.Videos
-
The Vulnerability of Private Wealth to Government Financial Stress
-
QEs, Currency Wars, the Trillion Dollar Platinum Coin and the Route to “Modern” Inflation
-
VIDEO - Texas Financial Market Roundtable 2012
-
Roadblocks to Recovery an Interview with Dr. Lacy Hunt
-
Frank Beck on Investing in Uncertain Times
-
The Vulnerability of Private Wealth to Government Financial Stress
Tag Archives: Inflation and financial prices
The Robin Hood Reflex Once Again Confronts Capitalism
Thomas Piketty, a name you are not likely familiar with, is a French economist who has given voice to the notion that the rich are getting richer at a faster rate than others. His recent book skyrocketed to first on the Amazon best-selling list immediately. And of course, what follows is the Robin Hood reflex to redistribute. Don’t dismiss the political ramifications that Piketty-mania is having and the costs to society from adopting redistribution. Continue reading
Posted in The Spellman Report
Tagged Dollar as a reserve currency, Economic policy and financial markets, Economy and financial markets, Inflation and financial prices, Political economy, Redistribution of income, Redistribution of wealth, Thomas Pikkety, US Sovereign risk and investing, wealth preservation
Leave a comment
Bill Gross and the Rise and Fall of Bond Market Nirvana
Bonds are fun to own when interest rates are very high and then bond prices start to rise. That makes for favorable income and capital gains simultaneously. Such was the opportunity bond investors in U.S. markets enjoyed commencing in 1981 …and then for three following decades. It was bond market Nirvana, which unfortunately for bond investors is fading into the rear view mirror. Continue reading

