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Global Macro in an Age of Great Power Conflict | Demetri Kofinas

Hidden Forces

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The Federal Reserve Cares Much Less About Using Monetary Policy

"I don't obviously know what the future will hold, but as it stands right now, i still don't see any evidence for the fed pivoting any time soon," he says. "The stock market is a political liability for the government ever since they effectively took ownership over it by bailing out the economy in two thousand and eight" The prospect of a trump election in 20 24, and the geo political crisis with russia have really created a lot of anxiety and concern among this constituency around the future of the U.S., writes David Frum.

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