This is an unusual Steen’s Chronicle today as my friend Professor Mark M McNabb PhD CFA from Wake Forest University guests. Mark and I had an exchange on how the Fed has become utterly predictable and here is his take which for the record I 100% endorse and add to in the article.
from Steen Jakobsen - Authored content https://www.tradingfloor.com/posts/steens-chronicle-transparent-yellen-imprisoned-by-home-made-dilemma-7805570?utm_medium=tf4-feed&utm_source=extract
Steen's Chronicle: Transparent Yellen imprisoned by home-made dilemma
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