The US Economy Restrains Itself; No Need For Monetary Policy Influence

By |2016-01-07T17:18:48-05:00January 7th, 2016|Economy, Federal Reserve/Monetary Policy, Markets|

The Census Bureau released its estimates for November US trade. It was yet another debacle for the FOMC narrative about an economy poised to overheat. November was the month in between the two FOMC meetings where they first declared (October) risks diminished and then (December) recovery conditions fully met. Instead, both exports and imports in that interim shrunk considerably, casting [...]