Tuesday, September 13, 2016
The Federal Reserve
Trader Phil Davis, “You can't let a rabbit with a switch dictate how you are managing your finances and the Fed is like a bag full of rabbits - no better than a roulette wheel these days as their policy is, in turn, influenced by the market - so you are all running around chasing each other's tails while trying to figure out which way the other one is going.”
And this from a commenter on the internet. (41 seconds long).
Personally, I think it is time for the Fed to stop with having their regional presidents, governors, and vice chairs constantly giving talks. In other words, STFU.
Now here is a better example of the Federal Reserve Bank speakers. This is what Davis was referring to.