Powell Readies His Noose

By |2019-07-30T18:41:02-04:00July 30th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The problem continues to be, I’m sure, is one of perception. Economists, politicians, and mostly central bankers have been saying for years that the real economy is the one you see in the unemployment rate. Things are booming. The labor market is awesome, even epically tight. Between last year and this year, going by the [...]