The Economy: They Still Think It’s Strong?

Many are saying that the Fed will raise rates since the economy looks strong.

Strong? Perhaps for the very moment- but:

The Semiconductor Index is way down, copper is down, stocks are down, and the yield curve is still almost flat.

How can anyone support the Fed seeing a strong economy? that relieves the Fed of any duty to be forward-looking.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s