The Fed That Didn't BarkGuest Post
The Fed That Didn't Bark by Robert R. Johnson, PhD, CFA, CAIA, President and CEO, The American College of Financial Services
In Sir Arthur Conan Doyle’s short story Silver Blaze, Sherlock Holmes concludes that since a guard dog didn’t bark the dog was friendly with the intruder. Last week the Fed didn’t bark on raising interest rates because they’re friendly . . .
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