L Moore

Crises Averted, Not Crises Solved

Years from now historians will certainly have reasonable explanations of what has happened this month. But for now the FED has taken us to the edge of the known world. I prefer some level of predictability and so would rather have a bear market and a recession. Another wild move by the FED will take us into the unknown where there is no predictability. Remember, Wall Street and Main Street don't like uncertainty.

In the Wake of Bear: I-Bank Regulation Now in Fed's Hands

The Fed's actions of late have taken us far from familiar waters. Another move like this one will put us into unchartered waters. Is this where we want to be?