Keep Your Eye On Broad Money, That’s What Counts


Ever since the U.S. Federal Reserve began raising the federal funds rate, the market has been obsessed with speculation about when and how much the Fed will raise that rate. Each time a consensus congeals around the answer to that question, all the world’s markets either soar or dive.March 30, 2018 at 09:00AM

via Forbes Real Time https://www.forbes.com/sites/stevehanke/2018/03/30/keep-your-eye-on-broad-money-thats-what-counts/