Roger Arnold is the chief economist for ALM Advisors, a Pasadena, Calif.-based money management firm specializing in income-generating portfolios. Concurrent with his other business responsibilities, Arnold was a radio talk show host for 15 years. He focuses on behavioral economics and chaos theory, better known as the "butterfly effect." He explains the relationships between political, economic and social systems, and how they are all reflected in the financial markets -- stocks, bonds, commodities, currencies and real estate.
Recent Articles By The Author
Deteriorating Consumer Confidence Good for Housing
Economic data is signaling that secular deceleration in growth is still well in force.
Commercial, Industrial Loan Growth Puts Fed in Bind
A rate hike could prompt borrowers to unwind carry trades, leading to a vicious asset deflationary cycle.
Growing Risk of Carry Trades, Commercial and Industrial Loans
The market seems unaware of the risks of central bank impotency.
Yellen Found Her Voice in Boston
The Fed chair called for fiscal stimulus and asked FOMC members to not oppose the next decision to 'punt' on rates.
Wells Fargo Board Invites Skepticism, Scrutiny With Its Actions
It's understandable why questions would arise about whether directors' principal motivations are more personal than professional.