The Monetary Monkeyshines of Elmer Fudd And Mr. Magoo

There was zero, nichts, nada and nugatory reason for the Fed’s 25 basis point cut yesterday, but that didn’t stop the Donald from coming out with his anti-Fed twitter-guns blaring this AM. People are VERY disappointed in Jay Powell and the Federal Reserve. The Fed has called it wrong from the beginning, too fast, too slow. […]