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Less Than Zero

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So the Federal Reserve is meeting tomorrow and Wednesday. They are likely to do nothing. The markets are likely to go nuts anyway.


el erian

Mohamed El-Erian Thinks Less Of Jay Powell Than He Does Of Bill Gross

The normally mild-mannered and academic ex-PIMCO chief is getting upset.


Repo-Madness Is Not Over Yet

The Fed announced today that it will provide additional assistance to the beleaguered repo market.


It’s Starting To Feel Like Jay Powell’s Not Cut Out For This Fed Chair Thing

Donald Trump may be right about Bizarro King Midas, although for the wrong reasons, of course.

By Steve Jurvetson (Flickr: Jamie Dimon, CEO of JPMorgan Chase) [CC BY 2.0], via Wikimedia Commons

Current, Future Presidents Not In Accord On Zero Rates

Jamie Dimon might reserve the epithet “bonehead” for someone else, Mr. President.