forecast error

Behind The Blame Game, A Nastier #4

By |2019-06-21T12:07:42-04:00June 21st, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

After what is all but certain to be the final “rate hike” in this cycle, Bloomberg reported that President Trump had previously explored all possible legal ramifications of demoting Federal Reserve Chairman Jay Powell. The issue has become a major one, in the media, anyway, now that Mr. Powell has indicated his error. There will be no further hikes this [...]

When Sentiment Shifts

By |2018-07-10T16:36:44-04:00July 10th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Like all sentiment surveys, Germany’s ZEW is susceptible to overzealousness on the part of the survey participants. The Zentrum für Europäische Wirtschaftsforschung is a think tank located in Manheim that has since 1991 carried out this broad questionnaire. Up to 350 analysts are included in the panel, each working at a bank, insurance carrier, or major industrial firm located in [...]

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