The Slowdown Downgrades The ‘New Normal’ But Not (Yet) All ‘Stimulus’

By |2016-04-05T17:53:29-04:00April 5th, 2016|Economy, Federal Reserve/Monetary Policy, Markets|

The only common factor on the economy viewed from the mainstream in the past few years is the shrinking standards by which it is judged. Janet Yellen can somehow suggest erratic 2% GDP growth is “overheating” or close to it only because that is the reduction of the “new normal.” Because that has been so declared by the very same [...]