Larry Goldstein: The Fed Decisively Indecisive

I never thought I would say this, so I won’t. I’ll Write it. I’ve always believed that sunshine is the best antiseptic. You could never have too much transparency. That is until I met this FED. “We’re going to raise rates, but we’re data dependent” “ We are going to raise rates soon”. I guess it depends upon the meaning of what soon is.  (I’m coming to believe it’s sooner or later). They’ve been telling us that for more than six quarters… THE FED DECISIVELY INDECISIVE (5/28)



Right Music, Wrong Key

In economics, there are plenty of dilemmas and challenging questions. As analysts, we are fortunate that oil markets present most of them. Nevertheless, understanding why prices move up or down is essential if we are to evaluate government policy. Clearly, prices move as buyers and sellers respond to signals. But this is only a part of the story. Analysts have been missing and misreading fundamental signals in both the oil and global economic markets.



Testimony on February 24, 2016 by Lucian Pugliaresi before the U.S. Senate Committee on Environment& Public Works, Now With Follow-Up Questions And Responses


Lucian Pugliaresi testified before the U.S. Senate Committee on Environment & Public Works on February 24, 2016. The topic was the Renewable Fuel Standard.

There were a series of follow-up questions from Senator Deb Fischer of Nebraska. Lucian Pugliaresi and Max Pyziur prepared answers for the record.

A copy of the testimony can be found here:

 A copy of the follow-up questions and responses can be found here:

Both the testimony and the responses to Senator Fischer will be part of the official record of the Senate.