Richard Koo Notes Fed Political Calculations; Calls Clinton Establishment Candidate of "Global Capital"

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Mark Melin
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Fed political Calculations? Some deny entirely while other analysts say the rate hike could be determined by the presidential election – count Richard Koo in that category! The Fed political agenda appears to have its eye on populist U.S. politics, a recent “unofficial” report from Nomura Chief Economist Richard Koo reveals. Koo also looks at the U.S. political spectrum with candor and notes that one person is the candidate of “global capital” while the other represents the every-man, which is not a promising election dynamic for the establishment. Fed political Calculations – Koo visits U.S. “monetary authorities” who plainly tell…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.