The headline is rhetorical, but the recent facts concerning both the Federal Reserve, as well as its currently embattled Governor Ms. Cook, appear to be just that – facts. And their indications are showing and growing by the day that the Federal Reserve, along with its Chair Jerome Powell et al, are adamantly playing politics…
In my last note I made a case for a possible and unusual scenario that could unfold at the next Federal Reserve conclave. However, what is not unusual is my holding to the premise that the Fed is not just political, but political to a fault. Today, much like I did in that prior note,…
The signalling event for Fed insights known as “Jackson Hole” has ended with Fed Chair Jerome Powell implying to all that listen, as vociferously as one can within decorum, that cuts are not only on the table but – everyone has now inferred it’s a definite. Everyone from Wall Street to the mainstream business/financial media…
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