Let Mario Draghi just be “clear”: he is not convinced that you are convinced that
Category: yellen
Race For Fed Chair Takes New Turn As Mnuchin Said To Push ‘Strongly’ For Powell
Stay tuned. The ratings will be “tremendous.”
‘Volatility Would Return With A Vengeance’: Kocic Warns On Warsh And The Rebuilding Of The Fourth Wall
“However, giving up transparency and sticking unconditionally to policy rules, i.e. rebuilding the fourth wall, carries with it enormous risks.”
Trump Has Shortlist For Fed, Yellen Not Expected To Get The Nod
“Now what do you got? Anarchy. You got anarchy.”
Hurricane Damage: Full Week Ahead Preview
Ok, well it’s Sunday which means, barring Trump wandering into a nuclear war in the next several hours, tomorrow will be Monday. This week they’ll be a lot of talk about…
What, No Nukes?
There’s always tomorrow.
La, La, La.
Finally, in case you haven’t had enough of “connecting the dots” today, here’s another exercise for you…
Janet. Fed Preview
Good luck out there – your fate rests on the shoulders of a diminutive economist with a pixie cut…
Nikkei Snaps Win Streak As North Korea Threatens To ‘Sink’ Japan With ‘The Nuclear Bomb Of Juche’
 “A telling blow should be dealt to them who have not yet come to senses after the launch of our ICBM over the Japanese archipelago.”
Have You Heard The One About Janet Yellen And The Hurricanes?
So when it looked like the last, lonely U.S. reflationist was about to throw in the towel, it felt like everyone was suddenly scrambling around to explain why yields were too low – maybe in an attempt to appease the market Gods who are thought to dislike crowded trades.
History Will Judge ‘Donald Trump’s Fed’
“History’s verdict on presidents rests more than they might wish on the competence of the Fed during their time in the White House. When it comes to those other Fed appointments, the president would be smart to reflect on what made Fischer such a good choice and strive, for his own sake as well as everybody else’s, to choose as wisely.”Â
Demons In The Hills
“There may be all sorts of dragons and monsters up in those hills.”
Bloomberg: Yellen Sent Trump A Message – And It Was The Right One
“Nostalgia for the regulatory neglect that prevailed before the crash is wholly misplaced.”
Larry Summers Isn’t Losing Sleep Over Bubbles But Yellen Leaving Would Keep Him Up At Night
“…if the ninth year of expansion with unemployment approaching 4 percent is not the time for above-target inflation, when will that moment ever come?”
Dollar Drops On Yellen’s Jackson Hole Remarks: Highlights
And here are the highlights from Yellen’s speech in Jackson Hole via Bloomberg..
Thumper Does Jackson Hole
“Frankly, if they won’t or, more likely, can’t tell us what they are planning to do, they should take a pass and stick to their economics and orthodoxies.”
One Trader Takes A ‘Dark Side Stab’ At Jackson Hole
“No, a surprise will most likely look like a Central Bank chief that attempts to put policy back on the previous tighter path.”
Waiting Game.
Just biding time…
Will Friday Be Yellen’s ‘Irrational Exuberance’ Moment?
Therein lies the irony…
4th Grade Press
And just like that, all of the good news trial balloons we got from McConnell on Monday (debt ceiling guarantee) and from Politico on Tuesday (tax reform moving ahead) were rendered null and void…
They Love To Talk, But Hate To Communicate
“Confidently dismissing the process as harmless for markets is a luxury they can’t indulge in.”
Kocherlakota To Yellen: Accepting Trump Reappointment Will Tarnish You Forever
“Accepting a Fed Chair job from Trump will send a signal she will deeply regret.”
Borrowed Time.
Tick, tock.
July Fed Minutes: Highlights And Summary
Although several participants were prepared to announce a starting date for the program at the current meeting, most preferred to defer that decision until an upcoming meeting while accumulating additional information on the economic outlook and developments potentially affecting financial markets.”
Larry Summers: The Fed’s Good Luck Is Likely To Run Out
“I suspect the Fed’s job will be much more difficult over the next few years. Economics, finance and politics will all throw up new challenges that will probably demand creative and unorthodox responses.”
Presenting: A Crazy Week In Charts
Ok, well this was an interesting week…
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