HIM exposes flaw in Fed policy, main source of Fed’s major forecast errors
Do higher stock and house prices produce higher growth as the Fed believes? If so, not much, if any. This explains the poor forecasting by the Fed and why it
Best practices are meant to be shared. That’s why we observe the market and then share our insights on what’s happening, to give you context. We’ve organized every blog into categories, so it’s easier for you to find the answers that matter most to you.
Do higher stock and house prices produce higher growth as the Fed believes? If so, not much, if any. This explains the poor forecasting by the Fed and why it
The Federal Reserve now has a very difficult hand to play. This video does a great job of describing the set of issues that will shape its decisions: https://www.youtube.com/watch?v=o_Jt39TdcmM&feature=em-uploademail-ctrl
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