Archive | Rates

Why do we survey economists’ opinions when the majority are wrong?

When it comes to the question of when (and if) the Federal Reserve will raise interest rates, we’re not really sure why the media continues to report on “what economists think“.   It’s clear to anyone who is paying attention that economists are not good at making predictions, and that the consensus of economists has been consistently wrong after […]

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Fed just said it will raise rates when economy of the WORLD improves.

The greatest disconnect in the world today must be the vast chasm between what the Federal Reserve “thinks we think” and what the rest of us “actually think”. What the Fed “thinks we think” is that there’s some significant possibility that they will raise rates sometime soon. What we “actually think” is that any meaningful hike in rates will instantly […]

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