"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •504 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,556.00 | +0.80 | +0.05% |
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WTI Crude •11 mins | 59.23 | -1.44 | -2.37% |
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Gasoline •12 mins | 1.930 | -0.069 | -3.45% |
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Ethanol •504 days | 2.161 | +0.000 | +0.00% |
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Silver •504 days | 30.82 | +1.16 | +3.92% |
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Silver • 504 days | 30.82 | +1.16 | +3.92% | |
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Copper • 504 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 63.48 | -1.41 | -2.17% | |
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Natural Gas • 11 mins | 4.565 | +0.194 | +4.44% | |
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Heating Oil • 12 mins | 2.638 | -0.063 | -2.33% |
Dr. Lacy Hunt
Contributor since: 02 Aug 2012
Biography
Dr. Lacy Hunt is the executive vice president of Hoisington Investment Management, a firm with over $5.8 billion under management, and one of the nation's top-performing bond managers. Lacy's work has been published in Barron's, Wall Street Journal, New York Times, Journal of Finance, the Financial Analysts Journal, and the Journal of Portfolio Management. Previously he was the chief economist for the HSBC Group, one of the world's largest banks, and the senior economist for the Dallas Fed.
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Federal Reserve Policy Failures Are Mounting
The Fed's capabilities to engineer changes in economic growth and inflation are asymmetric. It has been historically documented that central bank tools are well suited…
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The Federal Reserve Relies on a Flawed Economic Model
In May 22 testimony to the Joint Economic Committee of Congress, Fed Chairman Ben Bernanke issued another of many similar positive interpretations of central bank…
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Lacy Hunt: 'No Increase in Standard of Living Since 1997'
There's a belief among certain economists – and the wider population – that if the government takes a more active role in the economy, the…
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Unintended Consequences of Well-Intended Policies
In the early 1960s, when JFK was in the White House and William McChesney Martin was Fed chairman, Keynesian economics was in full bloom. One…
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