Tag Archives: U.S. Fed

Channeling Maverick and the Maestro: The Fed Cut Rates because “We Were Inverted”

One of the classic scenes from the original Top Gun movie recounts the exchange Maverick (Tom Cruise) had with a MiG-28. Maverick corrects Charlie’s (Kelly McGillis) intelligence report on the Russian fighter jet with his eyewitness account. When she asks how he saw a MiG-28 perform a 4G dive from above, he responds: “Because I Read more […]

As Markets Await Fed Chair Nomination, U.S. Treasury Curve Continues to Flatten

President Trump said he will make an announcement during the week of Oct. 30, 2017, regarding his nomination for who will replace Chairwoman Janet Yellen when her term ends in January 2018.  Most reports suggest current Fed Governor Jerome Powell will get the nod over Stanford University economics Professor John Taylor.  Mr. Taylor could still Read more […]