“The optimist proclaims that we live in the best of all possible worlds; and the pessimist fears this is true” James Branch Cabell After 19 years of pure pain and suffering, Maple Leaf fans finally had a modicum of playoff success to celebrate. And celebrate they did. Following a series-clinching overtime goal, and after a collective sigh of relief, the […]
A Star Is Born | May 2023
“Look to the stars and from them learn” Albert Einstein Last month, we looked at the neutral rate of interest, which is also known as the natural rate, the equilibrium rate, or in its nerdier, variable form as r*. This is the level for the overnight rate which neither stimulates nor restricts the economy and […]