Federal Reserve

Federal Reserve

The Fed Did It… All of It

Federal Reserve By David Stockman.  |  December 12, 2018

Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedies.Read More

The World Champion of America

Federal Reserve By David Stockman.  |  November 5, 2018

Was it the first expression of what evolved into “Cold War Logic” after World War II? Hard to say whether that’s true. It is historical fact, however, that President Franklin D.Read More

“Hope,” “Change,” the Donald, and the Fed

Federal Reserve By David Stockman.  |  October 30, 2018

“If the Fed backs off and starts talking a little more Dovish, I think we’re going to be right back to our 2,800 to 2,900 target range that we’ve had for the S&P 500.Read More

It’s Only “Academic”…

Federal Reserve By David Stockman.  |  October 22, 2018

Bubblevision is thick with heads talking about how rising interest rates are actually “good.” It’s a sign the U.S. economy is stronger than an ox, these financiers/strategists/spokesmodels say.Read More

This Is an “Inside” Job

Federal Reserve By David Stockman.  |  October 12, 2018

The U.S. has a huge trade imbalance with China. And it is a problem. The Donald is right about both parts. After all, U.S.Read More

Oh, Sweet Nothing

Federal Reserve By David Stockman.  |  July 18, 2018

He knew that all the hazards and perils were now drawing together to a point: the next day would be a day of doom, the day of final effort or disaster, the last gasp.Read More

It’s Just the Chain of Command

Federal Reserve By David Stockman.  |  July 2, 2018

The Hierarchic Qualm: The sword kills. But the arm moves the sword. Is the arm to blame for murder? No. The mind moves the arm. Is the mind to blame? No.Read More