As we approach the December FOMC meeting, it's time for the Fed to acknowledge potential deficiencies in their models and to admit their policies may be adversely affecting the economy and markets. It is time to rethink an aggressive combination of balance sheet reduction and rising rates.
As we approach the December FOMC meeting, it's time for the Fed to acknowledge potential deficiencies in their models and to admit their policies may be adversely affecting the economy and markets. It is time to rethink an aggressive combination of balance sheet reduction and rising rates.
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