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Frustration at the Fed
futureofcapitalism.com
The FT's John Plender summarizes in a sentence something that a lot of investors probably find frustrating: "Asset prices, whether of equities, bonds or alternative investments such as commodities, go up and down in lockstep in a Pavlovian response to central bankers tweaking the monetary tap." The Wall Street Journal editorializes, "The danger is that our politicians keep hoping the Fed will save the day when they should be removing the barriers to growth that Washington keeps piling on," following up a point the paper made more extensively yesterday. (Thanks to reader-participant-community member-watchdog-content co-creator B. for sending.)
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Frustration at the Fed
futureofcapitalism.com
The FT's John Plender summarizes in a sentence something that a lot of investors probably find frustrating: "Asset prices, whether of equities, bonds or alternative investments such as commodities, go up and down in lockstep in a Pavlovian response to central bankers tweaking the monetary tap." The Wall Street Journal editorializes, "The danger is that our politicians keep hoping the Fed will save the day when they should be removing the barriers to growth that Washington keeps piling on," following up a point the paper made more extensively yesterday. (Thanks to reader-participant-community member-watchdog-content co-creator B. for sending.)
Read More...
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John Plender
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