With the U. S. economy having achieved lift-off momentum, the Federal Reserve has ended it epic and Historic Bond buy known as quantitative ease. The corollary reflex is that interest rates will return to our historic sense of normal, but that is not occurring. The Fed is not all-powerful and is losing pricing control to collective global forces. Continue reading →
This post first appeared on The Spellman Report - Where The Economy And Market, please read the originial post: here