Macro Themes – Don’t Fight the FED

By |2012-08-05T17:09:59-04:00August 5th, 2012|Federal Reserve/Monetary Policy, Markets|

When contemplating the FED, one needs to be aware that monetary policy is not an exact science.  The FED will definitely try to effect policy; but, to a great extent, they are a reactive bunch.  The FED attempts to stay ahead of the curve and anticipate if/when the broader economy needs restraint or accommodation, but there are a few problems.  [...]