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Daily Note

Three FED Chairmen Walk Into a Bar

Jan 4, 2019

Thomas Thornton

Back in December, I expected a “dovish hike” which is what we got but the “balance sheet roll off” comments were not welcome by the markets and led to some deeper selling.  Today Ben Bernanke, Janet Yellen, and Jerome Powell were interviewed together and it was one comment about the balance sheet that the Fed […]
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