June 29, 2020 | Daily JAM |
The advice "Don't fight the Fed" makes sense. If the Fed is flooding the financial markets with cash, then buy and follow along as the Fed makes money available to drive up asset prices. If the Fed is tightening, reducing the available supply of cash, then sell and...
February 6, 2019 | Daily JAM, Volatility, You Might Have Missed |
The Federal Reserve and the world's other central banks face an impossible choice. On the one hand, they could have tighten the money supply by raising interest rates or other means. That would have risked sending economies near recession into recession--Germany, for...