So there you go. Bring an umbrella.
This should be all kinds of amusing.
U.S. FEB. CONSUMER PRICES RISE 0.2%; CORE INDEX UP 0.2%
Don’t worry, it should be fine.
Trade banter and CPI. That is all. Or at least all we know.
After all, she’s got a habit of hanging out with and implicitly taunting bears…
“The hawks went ape-shit. They screamed and yelled. They warned about Weimar Republic style hyper-inflation. But Bernanke hung tough.”
“Lions, tigers, and bears, oh my!”
Boy, I’ll tell you what: I would absolutely love to rent out a small auditorium, pack it full of economists and analysts, make it an open bar event (so, all you can drink for free), set the conversation topic to “impact of rising rates on stocks”, lock the all the doors and then watch what happens from the safe confines of an observation deck.
Are you still trying to figure out what to make of the January Fed minutes?
Obviously, interpreting the January Fed minutes is going to be a self-referential nightmare bordering on the absurd.
“Right away, you’re ready to sell it.”
Two economists walk into a bar…
The fun may be just getting started.
“At the end of the day, the real scandal of central banking is that it takes credit for what it doesn’t cause and can’t achieve in the main street economy, while ignoring the mayhem its machinations bring to the financial system.”