Policy

The Fed Stops Pretending

Policy / By europacificfunds / June 7, 2019 August 4, 2019

Well, it didn’t take much and it didn’t take long. After years of delays, a tentative start, many cautious pauses along the way, and a top speed that never really hit cruising velocity, the Fed has taken the first available off-ramp on the road towards policy “normalization.” In a speech on Tuesday this week in …

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The Hawks Surrender

Economy, Policy, Politics / By europacificfunds / January 22, 2019 August 4, 2019

They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets. For much of the last decade many conservative market analysts have decried our reliance on monetary stimulus to prop up the economy and the stock market. But in the final months …

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