August 19, 2019

Why do we have central banks? Asking such a broad question to ten economists is sure to elicit at least twenty different answers. However, we argue that, in its most basic form, the main purpose of having an independent institution in charge of monetary policy is to sm...

August 1, 2019

The markets were relatively quiet in July, with account values for the month mostly unchanged.

Major themes for the month included: The Federal Reserve lowering interest rates for the first time in a decade, renewed trade talks with the US and China (which now look to b...

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