Wage War

Wage War

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The PCE-CPI Gap and the Outlook for Further Fed Tightening

On balance, I don’t believe that the Federal Reserve should have raised interest rates last week. However, I must confess that there was one reference in Chairman Warsh’s press conference that left me distinctly uneasy. He noted that year-over-year inflation rates, as measured by ...  Show more

The Fed Paints itself into a Rate-Hiking Corner

In the Broadway musical, Fiddler on the Roof, Tevye, the well-meaning patriarch of a poor family, has to make some tough choices in a complicated time. Tevye, (who always reminded me of my father-in-law, Bill), has trouble deciding and three times during the play the music comes ...  Show more

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They were sweating, their eyes were red and looked like they would pop out of their sockets in any second. My dad took a step closer.Oh my God, he’s gonna hit me, I thought.I was trapped on a huge sofa and there was absolutely no means of escape.He took another step and this time ...  Show more

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This week's caller was put out of his family home after a heated argument with his parents about unfair rent agreements. Now that a tragedy has occurred in the family, he's wondering if reaching out will cross his own boundaries. Submit a message of your own at youneedtohearthis@ ...  Show more

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Today Jeff calls a dad whose son was recently reprimanded for fighting at school. Whether the dad likes it or not he's got some tips for how the kid can stop getting his butt kicked!See omnystudio.com/listener for privacy information.