On the September FOMC
Yellen "takes note" of falling inflation expectations, and one member calls for negative rates.
Yellen "takes note" of falling inflation expectations, and one member calls for negative rates.
It's risk-off since Yellen flubbed last week's FOMC. Now QE4 may come before "liftoff."
A big blow to the labor market, and an even bigger blow to what's left of the Fed's credibility.
Prices have seen the lows, but CAPEX hasn't -- production will decline through mid-2016.
If oil has bottomed, and bad data keeps the Fed on hold, then it's a 7-year streak for stocks.
A disastrous earnings season, but oil has stabilized and the Fed is in revolt against Yellen.
A pack of lies to save the pride of an ailing Yellen. Fortunately, nobody believes her.
A big contradiction to our recession call. Liftoff now seems certain -- but likely still a mistake.
Animal spirits in the aftermath offset the "terror tax." If only it had driven oil prices higher.
The Fed seems committed to a deflationary policy error. Hopefully it will be a small one.