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Category: Federal Reserve Not QE

A day by day chronicle of the Fed’s QE New Madness

Instant Reaction to Powell’s Dog and Pony Show – What if the Con Stops Working?

Here I was in Zadar, Croatia enjoying myself, while there was a little matter of a Fed Meeting Statement, and Chairman Jerry’s Dog and Pony show.

Wall Street was waiting with bated breath, that’s right, bated, but I had taken an afternoon stroll around the harbor, on the lookout for baited hooks. Just like walking on Wall Street. You gotta be on the lookout for baited hooks.

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