esther george

Gifts of Wyoming, Complicating A Simple Story About Bears

By |2019-08-23T16:39:37-04:00August 23rd, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

Curiously short on star power, the Jackson Hole gathering this year has already taken an odd turn. It’s been practically subversive. Usually when the Kansas City Fed gets together for these things each and every August, the main attraction is the top central bankers in the major economies. Outside of the Bank of England’s Mark [...]

We’re Gonna Need More Doves

By |2019-05-16T18:40:41-04:00May 16th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Maybe central bankers are just tired of being alone. In December 2008, for example, the FOMC members were practically celebrating how the NBER finally called recession an entire year after its start. Misery does love company, especially when you botch things that badly. On Tuesday, KC Fed President Esther George admitted she and her fellow [...]

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