If you're going to cut rates to please the current President, there's some additional inflation or future rate hikes that also get priced in...
-More emphasis on what suits POTUS if it's a Republican
-Sudden concerns about inflation and fiscal deficits the moment it's not an R in the WH.
Don't expect the Fed to be a good-faith broker if govt is divided in the next crisis
His views mostly change based on which master he intends to serve, and general partisan convenience.
Thought rates were too low until...November 2024. What a shocker
Tired: Data-dependence
Wired: Presidential-dependence
If you're going to cut rates to please the current President, there's some additional inflation or future rate hikes that also get priced in...
Adding the A220 is another 650 daily, including the entire Breeze fleet (lots of JetBlue, Delta, too).
Adding the A220 is another 650 daily, including the entire Breeze fleet (lots of JetBlue, Delta, too).