“The payroll employment number is expected to bounce back, and as a result, I am not convinced that the Fed will actually cut rates. I know the markets think so, but I humbly and respectfully disagree,” says Ed Yardeni, Yardeni Research. Let me have your views on the upcoming Jackson Hole Symposium and what commentary … Read more
“The Fed is supposed to be independent. It is not supposed to play politics and Trump is risking reducing the credibility of the Fed and which has an impact obviously on the bond market, on the currency markets, on all the financial markets by continuing to bash Powell,” says Ed Yardeni, Yardeni Research.Let us first … Read more
“So, the bond vigilantes, as I like to call them, are disagreeing with the Fed and basically arguing that the Fed might be stimulating an economy that does not need stimulating. And you know what? It looks like they are right because Fed officials have started to indicate that they may be going on pause … Read more