Fed’s Knowledge Of How LSAP Operates Is Flawed: HoisingtonVW Staff
Van R. Hoisington and Lacy H. Hunt, in their third quarter review, suggest that the Federal Reserve will remain unsuccessful in their quest for higher growth by continuing Large Scale Asset Purchases (LSAP).
Fed’s economic forecasts repeatedly off the mark
The analysts contend that judging from the repeatedly over-optimistic economic projections made by the Fed, “they are misunderstanding the way their actions affect the economy.” According to the analysts, the Fed’s projection that real GDP could grow . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible