Quote:
Originally Posted by KC911
We went from deflation and stimuli to get to 2014 or so....the FED laid out their plan to unwind and began in '15....based upon data and such. They actually were doing quite well.
Then Dec. 4th happened....and Tabz wuz right  ....
What should a fiscally neutral overnight interest rate to banks be? They are still artificially low....at least 50 basis pts imo.
The recession looms...eventually, as always...
No tools in the box but more debt ?
Tabby...yer up. |
It was a different Fed in 2014.
If I recall, Tabs expected a market crash in late Dec...while a nice rally came instead. There is no reason to expect other than a bull market. Great employment, low interest, low inflation, great consumer sentiment, etc. Seems to me that the data indicated that the Fed got ahead of themselves with the interest rates. Lower rates were the correct path.
What makes you think they are artificially low (other than you guessed wrong and are not "in the money")?
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