The FOMC has a serious communication problem when it comes to symmetry

Definition of symmetry: The quality of being made up of exactly similar parts facing each other or around an axis. Correspondence in size, shape, and relative position of parts on opposite sides of a dividing line or median plane or about a center or axis. ———— The...

Monday reading and a programming note

It’s not often that I read a WSJ editorial and think - “WOW...that was fantastic”. But it happened with this piece from the weekend: https://www.wsj.com/articles/the-return-of-3-growth-1532731513 I highly recommend talking the time to read it. And once you finish,...

Get ready for the “Fed Deep State” Tweet

I cannot imagine anyone realistically thought that opining on Fed policy would be off limits for Trump. He has managed to push the boundaries of traditional Presidential commentary on virtually every policy front – why should monetary policy be the exception? In fact,...
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