Lee Adler goes behind the paper curtain of Wall Street propaganda to strip away the media hype and hysteria around the financial news headlines to show you the actual facts. This week he examines the economic data for any signs that might cause the Fed to change course from its current plan of attack. He also reviews the New York Fed’s attempt to convince market participants via its Son of Harry Potter road show that the Fed will be able to control short term rates with its unconventional tools. Potter may have scored some points.
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Today’s RFWS was absolutely outstanding. (I’m glad I actually watched this one rather than just listening while running.) When it comes to financial journalism, Lee, you remain an island of sanity in a huge sea of crap. Thanks.
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