There was a time that the Fed was able to move markets with a few well placed words in an otherwise boring speech. Alan Greenspan, Fed chairman back in the 1990s, was legendary for his cryptic messaging which could send both stock and bond markets swooning.
My head is exploding right now!!! Thank you so much for explaining this mess we’re in. Intuitively I’ve understood aspects of this out of control spending…just not the internal mechanism that makes the motor work.
My head is exploding right now!!! Thank you so much for explaining this mess we’re in. Intuitively I’ve understood aspects of this out of control spending…just not the internal mechanism that makes the motor work.