Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
Paul Revere And The Recession Narrative
In Q4, the narrative was that you should sell stocks because a recession is coming and the Fed was i
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
Barclays: British occupation not so bad, likely the better option
“The fault, dear Brutus, lies not in our stars, but in ourselves, that we are underlings.” Shakespeare, Julius Caesar.
The Fed and Powell know nothing more about economics, the economy, and the future path of econ activity than many economists at funds, universities, think tanks etc. The only area I think they would have an edge is in bank bal sheets and funding. And many counterparties would be close behind.
I am always amazed at what foolish and naive trust they have in the Fed. Of course they do have the power to help direct markets to their desired outcome (most of the time).
Fed gonna fiddle