It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Friday, March 24, 2017

"The Fed's guide to monetary policy" by James Bullard

If the US got into another recession the first step would be to lower rates and then decide if more bond buys are needed.

  • We are not in any bubble of the same magnitude of the housing or dot-com bubble (So what bubble are we in then?)
S&P is up 6 to 2351. Dow is up.... ;-)
  • It would be ok to raise once more this year
  • There's no need for aggressive rate hikes to keep inflation in check
  • I have the lowest rate path forecast on the FOMC
FYI he's not a voter until 2019.           

No comments:

Post a Comment