Powell and FOMC’s thinking has gone through quite an evolution. Over recent months, the notion of “immaculate disinflation” has supplanted traditional analysis.
Perspectives
TSP & Vanguard Smart Investor Posts
TSP Smart: Quicklook
For those unfamiliar with my commentary, unlike mainstream and many market analyst, I see the financial sphere and the economic sphere as separate and detached due to extreme monetary policy.
Rule of Thumbs Don’t Work in Bubbles
The day of reckoning is only on hold. By now, the system should be well into what will be painful financial and economic adjustment. Instead, Bubble inflation runs unabated.