Running Out The Clock; They Really Don’t Know What They Are Doing

By |2017-09-20T16:20:56-04:00September 20th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

If it wasn’t perfectly clear before, and it really was, there is no way it isn’t now. The Fed is not in any way data dependent. The data on the economy remains in some category of insufficient, longer-term stuck much too far in the direction of atrocious. Yet, the central bank will exit anyway because there is nothing left for [...]