Larry Goldstein: The Fed Decisively Indecisive

I never thought I would say this, so I won’t. I’ll Write it. I’ve always believed that sunshine is the best antiseptic. You could never have too much transparency. That is until I met this FED. “We’re going to raise rates, but we’re data dependent” “ We are going to raise rates soon”. I guess it depends upon the meaning of what soon is.  (I’m coming to believe it’s sooner or later). They’ve been telling us that for more than six quarters… THE FED DECISIVELY INDECISIVE (5/28)