Bond King Jeffrey Gundlach has got the economy on a recession watch while the inflation fire burns. The Fed’s mandatory inflation target of 2% and transitory inflation view, touted by Fed Chair Powell only a few months ago, is now assigned to the fairy tale books for adults. The easy part of the Greatest monetary easing experiment in the history of finance is over The first stage of the Fed’s monetary policy, which was to...
Read MoreThe digital revolution would not have been possible without microchip technology. Why? A microchip is a critical component in the computer hardware Central Processing Unit CPU that facilitates computational processing Computers existed before the microchip, but microchip technology made it possible to miniaturize computing, increasing the computational power and reducing the energy needed to power computers. The first programmable...
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