Sunday , December 22 2024
Home / Mike Norman Economics / Biden/Summers risk free rate policy

Biden/Summers risk free rate policy

Summary:
Biden/Summers rate increase jihad is causing them to become increasingly isolated from:The academe:Greg Mankiw endorses Paul Krugman’s view that the Fed might be tightening policy too aggressively https://t.co/Cl4VFonPLd pic.twitter.com/tcEXqVdLf4— Nick Timiraos (@NickTimiraos) October 1, 2022 International community:This is real. Not the Onion.The U.N. is asking the Fed and other central banks to stop tightening.Noone had an issue on the way up. (Even though the outcome was obvious)https://t.co/fAtHMMS1gm— Stephen Geiger (@Stephen_Geiger) October 3, 2022 Wall Street:Correction: The Fed is going to cause 'unbelievable calamities' if they keep hiking, according to Barry Sternlicht https://t.co/rQL77wKxwS— CNBC (@CNBC) October 4, 2022 And perhaps voters we’ll see on November 8th…

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes Trade deficit

Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025

New Economics Foundation writes What are we getting wrong about tax

Sandwichman writes The more this contradiction develops…

Biden/Summers rate increase jihad is causing them to become increasingly isolated from:


The academe:



International community:



Wall Street:



And perhaps voters we’ll see on November 8th…

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *