The Case for a Fed Rate Hike

Everywhere there are arguments that we are in a "V"-shaped recovery. And there are signs that in fact that is the case. Today we will look at some of those, and then take up the topic of when the Fed will raise rates. We open the case and look at the evidence. Is there enough to come to a real conviction? I think there is. (And at the end of the letter I mention two conferences I am speaking at in the next few months, in Vancouver and San Francisco.) Additionally, we are working on a MAJOR revision of the letter. There will be a lot more ways for you to interact with me and each other. A lot more information and capabilities. We are excited. It should be here…