Trump Could Face Uphill Battle in Trying to
Fire Fed's Powell
https://www.bloomberg.com/news/articles/2018-12-22/trump-could-face-uphill-battle-in-trying-to-fire-fed-s-powell
Related:
https://www.bloomberg.com/news/articles/2018-12-22/rattled-markets-would-erupt-if-trump-fired-the-fed-chairman
Politics versus Principles:
Related:
https://www.bloomberg.com/news/articles/2018-12-22/rattled-markets-would-erupt-if-trump-fired-the-fed-chairman
Politics versus Principles:
Brian Chappatta correctly notes:
https://www.bloomberg.com/opinion/articles/2018-12-18/if-fed-s-50-b-s-are-wrong-now-then-when-s-right
“Active investors used to bemoan the lack of volatility in markets because of the Fed’s heavy hand, which boosted asset prices indiscriminately across the board. Now that the central bank is ever so slightly scaling back, they’re crying foul again. Shouldn’t this be the time that market savants like Druckenmiller shine? The Fed’s job isn’t to support risk assets by whatever means necessary; rather, it’s specifically designed to try to deflate areas of excess.”
https://www.bloomberg.com/opinion/articles/2018-12-18/if-fed-s-50-b-s-are-wrong-now-then-when-s-right
“Active investors used to bemoan the lack of volatility in markets because of the Fed’s heavy hand, which boosted asset prices indiscriminately across the board. Now that the central bank is ever so slightly scaling back, they’re crying foul again. Shouldn’t this be the time that market savants like Druckenmiller shine? The Fed’s job isn’t to support risk assets by whatever means necessary; rather, it’s specifically designed to try to deflate areas of excess.”
Voodoo Economics – 2018 Edition
https://www.washingtonpost.com/outlook/2018/12/19/postmodern-economics-trump-administration
https://www.washingtonpost.com/outlook/2018/12/19/postmodern-economics-trump-administration