A Big Mistake Ahead For Markets?
This morning we read on Bloomberg.com that Former Federal Reserve Minneapolis President Narayana Kocherlakota believes no matter what the Federal Reserve Open Market Committee does they are making a mistake. He argues that doing nothing or raising rates are wrong. The only correct decision is to cut rates.
This is not the consensus in any form. So we would be a reader of this article that can be found at: http://bloom.bg/2ctFkRo
Enjoy this thought provoking article.