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Will the Fed finally enter rehab at its 15-16 December FOMC meeting?
Is the Fed that junkie that keeps on promising to kick the habit because they know the dire consequences if they don’t, but just want that last fix because it feels so good and they’re frightened of cold turkey? How many times has the Fed now signalled it will come off the QE juice but […]
Continue readingMarkets find it tough to break the BTFD conditioning
Was the Friday rebound in equity markets another BTFD opportunity, or a possible suckers rally? Certainly, the wall of central bank liquidity over the past five years have reduced the market’s pricing mechanism to little more than a pavlovian response to the next turn of the central tap and where bad news can be good […]
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