Great article, I like the 2018 throwback to the Fed's playbook in 2018: It just doesn't make sense to me that the market thinks it's a pivot when we think about the balance sheet and the work the Fed still has to do on that.
Very good. Thanks! I longed on Thursday, but I stay cautious. (Btw, I have worked several years on the question of how metaphors can be models or function as models. That would have been a very good example!)
Great article, I like the 2018 throwback to the Fed's playbook in 2018: It just doesn't make sense to me that the market thinks it's a pivot when we think about the balance sheet and the work the Fed still has to do on that.
Also thank you for the shout-out!
Very good. Thanks! I longed on Thursday, but I stay cautious. (Btw, I have worked several years on the question of how metaphors can be models or function as models. That would have been a very good example!)
Thankyou! - really educational and points visually backed up also with the use of a great but sad analogy - the Tsunami. Great article :)