Mark’s Musings

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Markets Suggest

Fed Funds futures continue to point toward a coming rate hike but give it only a 24% chance of happening at the September FOMC meeting. The full profile of implied probabilities of a Fed rate hike derived from CME Fed Funds futures are detailed in the chart below. Fed Funds futures suggest a two-thirds probability [...]

By |2015-09-10T14:47:12+00:00September 10th, 2015|Graphic, Mark's Musings, Pic of the Week, Uncategorized|Comments Off on Markets Suggest

Graphic: Fiscal and Monetary Policy View of the U.S. Economy (1960-2012)

Timeline of Economic Policy & Activity (1960-2012) ¬†[pdf] An outstanding economist, Kate Watkins, at the Federal Reserve Bank of Kansas City shared with me a graphic that is¬†particularly helpful in understanding the long-run patterns and interactions between economic activity and policy decisions in the U.S..  

By |2012-05-09T20:26:46+00:00May 9th, 2012|Mark's Musings, Uncategorized|Comments Off on Graphic: Fiscal and Monetary Policy View of the U.S. Economy (1960-2012)

Bakken: Think Your Community Has a Housing Shortage???

Had the great pleasure of taking a trip yesterday to Williston, North Dakota to see firsthand the economic activity underlying the development of the Bakken oil formation. It was an amazing sight, one I suspect is typical of the early oil and gas booms that reshaped areas of Pennsylvania, California, Texas, and Oklahoma. [...]

By |2012-05-05T22:45:46+00:00May 5th, 2012|Mark's Musings, Uncategorized|Comments Off on Bakken: Think Your Community Has a Housing Shortage???