El-Erian to Fed: Time to Start Thinking About Thinking About Tightening
“Start thinking and give a clear guideline to when you will start tapering a little bit…”
“Start thinking and give a clear guideline to when you will start tapering a little bit…”
“‘Why would you want to own gold, it has no income and costs to store.’ And yet when you see the debasement of the currency, you say ‘What am I going to hold on to?'”
“We were never expecting it, so to see this pop out in our data was very interesting for the first quarter”
The end of the longest losing streak since the Great Depression
Considered by some to be the first true ‘super power.’
The real driver behind the Big Tech rally over the past many years
Judy Shelton for Fed Chair
The Fed is going for broke on ZIRP and QE-Forever, just like they did last time
“I would rather see them tap the brakes now than have a very high risk of them slamming on the breaks down the road.”
Easy come, easy go.