The odds are against the June plan, no matter what it is, it will be likely to raise the cost of borrowing or exclude segments from credit
The stock market is easily excited by good economic news, and later considers consequences
It's too early to start talking about stagflation, but a yield curve inversion is becoming more and more possible
We’re not saying when we’re going higher because we don’t know, but mark your calendars for June 13, 2018 for the day the Fed flipped from stimulus to leaning against the economy.
We can hope that the tax bill was so badly crafted that it does not stimulate, but rather just lines the pockets of the lucky
Will rates fall more? Sometimes the table is set for deeper, but this time take the chicken in your hand!
In a globalized world, the Fed tightens for all
An old friend used to say that the Fed’s job was to carry an immensely valuable crystal orb balanced on a flat silver tray without edges, while refereeing a hockey game