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Michael Cale

Michael Cale

Contributor since: 26 Feb 2010

  • A Sign of the End of the Tightening Cycle

    Published 10 June 2005 | viewed 5,674 times

    The end of Fed interest rate increases may be in sight. In previous cycles, the end of Fed interest rate hikes has coincided with a…

  • The Price of Oil

    Published 04 August 2004 | viewed 4,153 times

    The recent rise in crude oil prices has spurred the pundits to declare that we have reached a permanent plateau of higher oil prices. This…

  • Give 'Em The Customer Treatment

    Published 09 November 2003 | viewed 3,059 times

    Mutual fund scandals continue to widen. Last week it was Putnam and Strong that took the heat. Next week. who knows? Your fund company could…

  • Banging the Reflation Drum

    Published 10 June 2003 | viewed 2,303 times

    Federal Reserve Chairman Greenspan once again raised the specter of deflation in his public comments last week. Mr. Greenspan stated that inflation "was not something…

  • The Bipolar Economy

    Published 30 May 2003 | viewed 2,689 times

    …The Committee perceives that over the next few quarters the upside and downside risks to the attainment of sustainable growth are roughly equal. In contrast,…