Permabulls Whistling Past The Grave

Goldman’s Fed farm team was out in force today peddling some pretty heavy-duty malarkey about the up-coming rate liftoff at the December meeting. Its newly seconded man at the Dallas Fed, Robert Kaplan, reminded that “accommodative policy does not necessarily mean a zero fed funds rate.” And the B-Dud himself was even more explicit. Speaking to a conference […]
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