Hey, Grandma Yellen
Another release of Fed minutes with no answers. Big surprise. It’s been six years of waiting for the Fed to tell us that we are no longer living under “exceptional economic and monetary conditions.” It’s been six years of waiting for a true economic recovery, instead of unsustainable and stupefying housing, bond, and stock market bubbles. And it’s been almost a year that we have been waiting for the Fed to raise interest rates by just 25 basis points. You would think that at this point the Fed could at least show us the courtesy of telling us what the … Continue reading →