We Aren’t at Defcon 1 – FED UP
By David Nelson, CFA The FOMC Team concluded their 2 day meeting yesterday with head coach Yellen taking the podium to answer questions. As I said in yesterday’s blog that if the controversial term “considerable time” remained, the first question in the press conference would focus on that decision. CNBC’s Steve Liesman got the first […]
The One Word That Matters Most – Redux
By David Nelson, CFA The debate surrounding an inevitable Fed hike has preoccupied investors and those sitting behind the hollowed walls of the Federal Reserve for the last half decade. The pros and cons of Fed policy have been well vetted. The conversation today seems to have finally shifted from “should” they remove accommodation to […]