Global Monetary Alert: S&P 500 dependent Fed pins real rate at 0: Its data/shock monitoring is deeply flawed. By Dr. Brendan Brown

EXECUTIVE SUMMARY:
The Powell Fed has entered a period of “rate-setting paralysis”. This is most likely to be broken by real economic and financial events ahead.
The Fed’s ostensible aims are stable prices, maximum employment, and turning the present mid-cycle slowdown into a new growth cycle upturn.
From a short and medium and long-term perspective the Powell Fed is set to fail in all these aims.
Read on!

Dr. Brendan Brown

For the article: http://www.vonmisesinstitute-europe.org/wp-content/uploads/2019/09/Global-Monetary-Alert-Thursday-September-19-2019.pdf