Samuel E. Rines is the Chief Economist at Avalon Advisors in Houston, TX.
This time the debt ceiling would matter more to markets and investors than it did on 2011.
These useful bubbles keep the United States competitive globally.
Keeping rates too low for too long could lead to disaster.
The United States has emerged as an energy superpower, and this has altered its relationship to oil prices.
Financial markets may have overestimated the speed with which change would come to Washington.
If the U.S. economy is going to accelerate on a sustainable basis, then wages will need to do so as well.
Why the banking community needs to get used to the Federal Reserve's "unconventional" solutions.
The next step is seeing what can realistically pass Congress.
The Fed can claim a small victory with a rise over the past year, but wage growth remains well below prerecession levels.
The Federal Reserve may be poised to make a major policy error in the near future.
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