We won’t have to consult the Consumer Price Index to know when the much feared Obama-inflation monster has finally arrived to devour what savings we have left. All that will be necessary will be to look at the average yield on short-term money-market funds. […]

Federal Reserve flow of funds table F.107 (Rest of the World) showed that foreign investors — that for many years had been the primary support of US bond and commercial paper markets — were conspicuously absent. […]

Despite a seemingly fatal blow from the Crash of 2008, stock buybacks live on, like the creature at the end of a horror film, whose sinister claws rises from the muck, just as the good guys are celebrating victory over evil. […]