If you have ever watched CNBC, listened to Bloomberg on your way to the train station or tried to decipher a Fed Chair’s press conference, what I am about to say will come as no surprise! That the economic ‘experts’ will sometimes, okay most of the time, okay all of the time, attempt to use […]
The article below was written in another publication back in 2012 when Ben Bernanke was still running the Fed. I searched for it while listening to Janet Yellen discuss the Fed decision-making process because in many ways it reminded me of listening to Ben Bernanke do the same. Let me know your thoughts on whether […]
This slightly irreverent article title is meant to ask the question of whether those tasked with deciding economic policy, and US policy in particular, actually have a strong handle on the how and why it will work as drawn up on the blackboard? Additionally do they have any inkling concerning what any of the unintended […]
Federal Reserve Chairman Ben Bernanke Non-Taper September Surprise! The consensus in the financial markets leading up to the Fed announcement yesterday was that, at the very least, Federal Reserve Chairman Ben Bernanke would announce a drop in monthly bond purchases of a minimum of $10 billion from the current level of $85 billion. That didn’t […]
