Do Not Listen (To The Fed)

Do Not Listen (To The Fed) by Marilyn Cohen, CEO of Envision Capital Management – Bond Smart Investor

Under no circumstances should you listen to the Fed. Cover your ears and maybe hold your nose–this Fed and their Fed-speak is so out of touch, so out of tune, that we deem their words white noise.

In the past the saying, “Don’t fight the Fed,” were words to believe in. Not now. Their huffing and puffing about raising interest rates—perhaps in September—cannot be believed.

I am not a keeper of the numbers but I cannot remember the last time the Federal Reserve raised rates just before an election.

And the economy! Oh Lordy that ephemeral growth and inflation they’ve been yammering about is nowhere...