PPI and CPI were released on October 14 and 15. The
reports showed robust price growth. This on the heels of
September PPI/CPI which firmed in the face of hurricanes Harvey, Irma
and Maria. Toss in an October rebound in nonfarm payrolls and we
have the beginnings of ........inflation? It's as broad as it is
deep. We go into detail in this month's AQS Point
Fed Chair Nominee Jay Powell.
President Trump nominated Jerome Hayden (Jay) Powell to
serve as the next Chairman of the Federal Reserve. He's served on
the FRB Board since 2012, is a consensus builder, notably dovish for a
Republican and has voted for 4 of the last 5 rate increases.
Instead of spending your time reviewing his position papers or his
senior thesis (South Africa, Forces for Change), we've
uncovered what we believe to be a clear indication of his legacy in the
Artificial Intelligence - AI - Coming to an Office Near
Love this stuff. Periodically, the programmers get
out, breathe fresh air and are determined that a computer
If Windows 10 or Siri or Office 2016 is any indication -
we'll call it unlikely. It's an interesting concept that's been
around since the advent of the electronic computer. History of
For the moment, let's try
to avoid the glitches. Remember the movie WestWorld? Where nothing can go worng.