‘The End Result Are These Violent Whipsaws’: Don’t Think Too Hard
Via Kevin Muir of “The Macro Tourist” fame
Bernanke presided over the Great Financial Crisis of 2008. Greenspan had the 1987 crash, along with the 2000 DotCom bust. Volcker had the bond debacle of the early 1980’s and the subsequent Latin American debt crisis. For the past 35 years, every Fed Chairperson has been tested with some sort of financial event. Until now…
Janet Yellen was sworn into office as the Chair of the Federal Reserve on February 3rd, 2014 and since then, it has be