Daily Note

The Fed is One Hot Mess

Mar 19, 2019

Thomas Thornton

The definition of “Hot Mess” is  “a person or thing that is spectacularly unsuccessful or disordered, especially one that is a source of peculiar fascination.”  This is my view of the Fed as they are not independent nor data dependent but rather only market dependent.  For the Fed and Powell to shift policy 180 degrees when […]
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