Tuesday, September 19, 2017

The Great Unwinding

Moral: Wherein we look at the Fed's departure. Hah.

Long ago, we asked Ben to unwind. The first request was 2009. Then, 2012 seemed like a good time.

Then, we had the taper tantrum. Poor Ben, had to leave it to Janet. Who has only did little changes, so far.

BTW, 'Great Unwinding' is a headline in the WSJ for today (09/19/2017).

So, we are at some point in time that was anticipated long ago. Much ado about nothing?

Remarks:  Modified: 09/19/2017

09/19/2017 --

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