The truth about the Fed and inflation

The Federal Reserve (Fed) last week proceeded with policy normalization as we expected, raising rates by 0.25%. The Fed’s policy move was fully justified, in our view, despite some of the handwringing regarding rate increases from many market commentators focusing on...

Putin Tells Oliver Stone About His Days As A KGB Spy

Russia’s President Putin talked to Oliver Stone not only about politics and international affairs, but also about his family, childhood, and hobbies, as well as the time when he served as an under-cover KGB agent in Dresden in 1980s. These recollections are part...