“Never regret thy fall, O Icarus of the fearless flight. For the greatest tragedy of them all is never to feel the burning light” - Oscar Wilde
Martin - excellent as always, quoting Trutta even... the Fed is flailing in the wind, the interest rate is the price of credit, not the price of money.
As usual very thorough analysis! I particularly like your long term historical perspective
Thanks for the praise, much appreciated!
Martin - excellent as always, quoting Trutta even... the Fed is flailing in the wind, the interest rate is the price of credit, not the price of money.
As usual very thorough analysis! I particularly like your long term historical perspective
Thanks for the praise, much appreciated!