Congratulations, Market. The Fed Is
Officially at Your Mercy.
Yale economist Stephen Roach on the Fed and the Asset Markets
https://www.project-syndicate.org/commentary/federal-reserve-right-to-raise-interest-rates-by-stephen-s--roach-2018-12
The Fed's Balance Sheet Is Misunderstood
www.bloomberg.com/opinion/articles/2019-01-29/the-fed-s-balance-sheet-is-a-misunderstood-policy-tool
Fed Shouldn’t Mess Around with Its Balance Sheet
Wind-Down
Davos Elite Are Prepared to Scapegoat the Fed, Too
Martin Feldstein considers the rationale for monetary tightening:
Yale economist Stephen Roach on the Fed and the Asset Markets
https://www.project-syndicate.org/commentary/federal-reserve-right-to-raise-interest-rates-by-stephen-s--roach-2018-12