XFedBanker (@xfedbanker) 's Twitter Profile
XFedBanker

@xfedbanker

Insights from 30 years in banking on three continents, four major banks, and a stint with the Fed. Not investment advice.

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calendar_today27-08-2023 17:20:41

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Is it possible the Fed doesn’t matter?  Or that the Fed can really NOT do good, but CAN do harm?  Yes, it is possible.   Let’s start by agreeing that today’s capital markets are huge, global, and reasonably efficient.  We can also agree that finance theory is built on the belief