How about those unconventional measures? Doesn't look like the FED has been able to do anything to control the yield curve. Let alone "keep rates low until an economic recovery takes full hold."
Ben, what say you?
Sir Softpatch and his band of merry men have started the process of losing all credibility. Barring 5% growth in the second half of this year the masses will come to the realization that the FED cannot wave a magic wand and control a $10t economy. As this reality grips the nation we will enter the bitter part of this bear market.
Greensin, has a REAl problem:
How do we keep FRE from going under.
At this time he has his hands full, timing the FRE bankRAPEcy until after the Bushman re-election.
PS not looking that good for the Bushman